Dalian Sun Asia's A-share private placement application approved by Shanghai Stock Exchange

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Dalian Sun Asia Tourism Holding's application to issue shares to targeted subscribers has been approved by the Shanghai Stock Exchange. The company received the exchange's review opinion on July 14, 2026, confirming that the application meets issuance conditions, listing conditions, and information disclosure requirements. The issuance still requires registration approval from the China Securities Regulatory Commission before it can be implemented, and there remains uncertainty as to whether registration will ultimately be completed and the specific timing of approval.

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