Shining 3D: Financial report validity period about to expire, application for suspension of review approved.

Source: Shining 3D Announcement on the Progress of the Application for Public Issuance of Shares and Listing on the Beijing Stock Exchange and the Trading Suspension

DentalGoodNews｜Shining 3D Technology, Inc. announced on September 30, 2026 that, as the financial report cited in the current application documents (cut-off date December 31, 2025) is about to expire, the company submitted an application to the exchange for suspension of review in accordance with the relevant review rules of the Beijing Stock Exchange, and the BSE agreed on September 29.

According to the "Beijing Stock Exchange Rules for the Public Offering of Shares to Unspecified Qualified Investors and Listing Review" and other relevant provisions, before the financial report cited in the application documents expires, an enterprise must apply for suspension of review, and may only apply for resumption after completing the update of financial data. This is a routine arrangement in the review procedure.

Shining 3D had previously triggered one suspension due to the same rule: before the financial report initially cited by the company, as of June 30, 2025, expired, it applied for suspension of review on March 31, 2026, which was agreed to by the BSE. After completing the update of financial data, the BSE adjusted the review status to resumed review on April 20 of that year.

From the perspective of the application timeline, Shining 3D submitted its listing application materials to the BSE on December 26, 2025, its shares were suspended from trading starting December 29, 2025, and it was accepted by the BSE on December 31, 2025, with the prospectus disclosed. During the review period, the company received the first round of inquiry letters on January 22, 2026, and disclosed its reply on April 30; it received the second round of inquiry letters on June 11 (focusing on the reasonableness of overseas revenue growth and the level of gross margin), and disclosed its reply on July 21.

Source: Shining 3D 2026 Semi-Annual Report

According to previous reports by DGN, in the first half of 2026, Shining 3D achieved operating revenue of 998 million yuan, a year-on-year increase of 45.04%; Net Profit Attributable to Shareholders of the Parent Company was 284 million yuan, a year-on-year increase of 60.62%; its core product, the 3D scanner, contributed revenue of 873 million yuan, a year-on-year increase of 49.16%, mainly due to the relatively rapid growth in sales of Dental 3D scanners.

This announcement also noted that Shining 3D's public offering and listing matter still needs to undergo procedures such as BSE review and China Securities Regulatory Commission registration, and there is a risk that it may fail to pass the review or registration, resulting in a failed offering. As of the time of publication, the company's shares remain suspended from trading, and it will fulfill its information disclosure obligations in accordance with regulations based on the progress of the matter.