Haitong Development announced that the company recently received the “Notice of Termination of the Registration Procedure for Issuance of Shares by Listed Companies to Specific Targets”. According to the provisions of the “China Securities Regulatory Commission Administrative License Implementation Procedure Provisions”, section 36 of the “Administrative Measures on Securities Issuance Registration of Listed Companies” and Article 31 of the “Administrative Measures on Initial Public Offering of Shares”, the China Securities Regulatory Commission decided to terminate the registration procedure for the company to issue shares to specific targets.

Haitong Development announced that the company recently received the “Notice of Termination of the Registration Procedure for Issuance of Shares by Listed Companies to Specific Targets”. According to the provisions of the “China Securities Regulatory Commission Administrative License Implementation Procedure Provisions”, section 36 of the “Administrative Measures on Securities Issuance Registration of Listed Companies” and Article 31 of the “Administrative Measures on Initial Public Offering of Shares”, the China Securities Regulatory Commission decided to terminate the registration procedure for the company to issue shares to specific targets.