Ampere Longan’s private placement has cleared the review. The semiconductor sensing sensor track is set to gain another round of “ammunition”—so what happens next will depend on the registration progress.

CoinWorld News, Ampere Dragon announced that the company's application to issue shares to specific investors has been approved by the Shenzhen Stock Exchange. The Shenzhen Stock Exchange's review believes that the company meets the issuance, listing, and information disclosure requirements, and will subsequently submit the registration procedures to the China Securities Regulatory Commission (CSRC) as required. This matter is subject to approval by the CSRC for registration before it can be implemented, and there is uncertainty.