Economic Observation Network On June 26th, An Peilong announced that it had obtained approval from the China Securities Regulatory Commission for the registration application of issuing stocks to specific targets. The impact of the relevant events on the market remains to be observed.

Private placement stocks:
It is worth noting that on June 26th, the company announced that its registration application for issuing stocks to specific targets had been approved by the China Securities Regulatory Commission This is usually seen as a neutral to positive event, but in a weak environment, the market may interpret it as potential equity dilution pressure or profit taking after the "positive landing".

The above content is based on publicly available information and does not constitute investment advice.