On June 16, the Shenzhen Stock Exchange accepted the ChiNext IPO filing of
Sichuan Tengdun Kechuang Co., Ltd., marking another issuer applying ChiNext’s
fourth set of listing standards. Tengdun develops, manufactures, sells and
services high-end unmanned aerial vehicle (UAV) systems, offering intelligent,
modular and swarm UAV products and integrated multi-scenario solutions for
defense equipment, the low-altitude economy and general aviation.