Hongchuang Holdings announced that the Shenzhen Stock Exchange M&A and Reorganization Review Committee held the 14th M&A and Reorganization Review Committee Review Meeting in 2025 on December 10, 2025 to review the company's issuance of shares to purchase assets and related transactions. According to the audit results, the transaction met the restructuring conditions and information disclosure requirements. The transaction still requires the approval of the China Securities Regulatory Commission before it can be implemented. There is still uncertainty about whether the registration will eventually be approved by the China Securities Regulatory Commission and when it will finally be obtained.

Hongchuang Holdings announced that the Shenzhen Stock Exchange M&A and Reorganization Review Committee held the 14th M&A and Reorganization Review Committee Review Meeting in 2025 on December 10, 2025 to review the company's issuance of shares to purchase assets and related transactions. According to the audit results, the transaction met the restructuring conditions and information disclosure requirements. The transaction still requires the approval of the China Securities Regulatory Commission before it can be implemented. There is still uncertainty about whether the registration will eventually be approved by the China Securities Regulatory Commission and when it will finally be obtained.