Biyi Corporation (603215.SH) has received approval from the Shanghai Stock Exchange for its private placement of A-shares.

Zhitong Finance APP reported that Biyi Co., Ltd. (603215.SH) announced that on October 9, 2025, the company received the ‘Exchange Review Opinion on Zhejiang Biyi Electric Appliance Co., Ltd.’s Private Placement of Shares’ issued by the Shanghai Stock Exchange (hereinafter referred to as ‘SSE’). The specific opinion is as follows: ‘The application for the private placement of shares by Zhejiang Biyi Electric Appliance Co., Ltd. meets the issuance conditions, listing conditions, and information disclosure requirements. Our exchange will submit your application documents to the China Securities Regulatory Commission (CSRC) for registration upon receipt.’