Chinese Online: Terminates Plan for Issuing A-Share Stock to Specific Objects in 2026

36Kr reports that Chinese Online announced the company's board of directors approved a proposal on October 8, 2026, to terminate the plan for issuing A-share stock to specific objects in 2026. As of the announcement date, the company has not yet convened a shareholders' meeting to review the relevant proposal and has not submitted application documents to the Shenzhen Stock Exchange. The company stated that the termination was based on a comprehensive consideration of various factors, including the current market environment, and will not have a significant adverse impact on its daily production and operations.