Shenzhen Zhaori Technology Co., Ltd. issues a statement clarifying that the parties involved in the proposed share issuance and cash acquisition of Shenzhen Baonei Technology Co., Ltd. do not fall under the prohibitions for participating in major asset restructurings as stipulated by regulatory guidelines. This confirms compliance with relevant rules from the CSRC and SZSE.
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Shenzhen Zhaori Technology Co., Ltd. Board of Directors
Statement by the Board of Directors on the Absence of Circumstances Prohibiting Participation in Major Asset Restructuring as Stipulated by Article 12 of the "Supervision Guidelines for Listed Companies No. 7 – Supervision of Abnormal Stock Transactions Related to Major Asset Restructuring of Listed Companies" and Article 30 of the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 8 – Major Asset Restructuring"
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