Founder Technology (600601.SH)’s application for the issuance of A-shares to specific investors has been approved by the Shanghai Stock Exchange.

According to Zhitong Finance, Founder Technology (600601.SH) announced that the company received the ‘Exchange Review Opinion on the定向issuance of shares by Founder Technology Group Co., Ltd.’ issued by the Shanghai Stock Exchange on November 3, 2025. The specific opinion is as follows: ‘The application for the定向issuance of shares by Founder Technology Group Co., Ltd. meets the issuance conditions, listing conditions, and information disclosure requirements. This exchange will submit the application documents to the China Securities Regulatory Commission (CSRC) for registration upon receipt.’