BlockBeats News, July 2, the China Securities Regulatory Commission (CSRC) officially issued a reply, approving Yushu Technology Co., Ltd.'s initial public offering (IPO) of shares and listing on the Sci-Tech Innovation Board.

According to the reply, Yushu Technology's issuance this time must be strictly implemented in accordance with the prospectus submitted to the Shanghai Stock Exchange and the issuance underwriting plan. This registration approval is valid for 12 months from the date of approval. During the issuance period, if the company experiences significant events, it must report to the Exchange in a timely manner and handle them as required.