According to CoinMeta, Demingli announced that the company recently received a reply from the China Securities Regulatory Commission (CSRC) titled "Approval on the Registration of Shares Issued by Shenzhen Demingli Technology Co., Ltd. to Specific Targets" (CSRC License [2026] No. 3173), agreeing to the company's application for registering the issuance of shares to specific targets. The approval is valid for 12 months from the date of consent. The company's board of directors will handle the matters related to this issuance of shares to specific targets within the prescribed time limit in accordance with the approval document, relevant laws and regulations, and the authorization granted by the shareholders' meeting.