According to CoinMeta, the China Securities Regulatory Commission has approved the registration application for the initial public offering of shares by Jiangsu Yaokun Hydraulic Co., Ltd. The issuance of shares by this company should be carried out strictly in accordance with the prospectus submitted to the Shenzhen Stock Exchange and the underwriting plan for the issuance. This approval is valid for 12 months from the date of consent to registration. If any major events occur during this period, the company is required to report to the Shenzhen Stock Exchange in a timely manner and handle them in accordance with relevant regulations.