CSRC Approves Jiangsu Yaokun Hydraulic's Initial Public Offering Registration

The China Securities Regulatory Commission (CSRC) has approved the registration application for Jiangsu Yaokun Hydraulic Co., Ltd.'s initial public offering (IPO) of shares. The company must strictly implement this stock issuance in accordance with the prospectus and underwriting plan submitted to the Shenzhen Stock Exchange. This approval is valid for 12 months from the date of registration approval. If any significant events occur from the date of registration approval until the completion of this stock issuance, the company must promptly report to the Shenzhen Stock Exchange and handle it according to relevant regulations.