SHANGHAI GROWTH (00770) announced that as of 4:00 p.m. on March 4, 2026, the final deadline for accepting rights shares and payments, the company had received a total of five valid applications. These applications involved 2.6212 million rights shares, representing approximately 55% of the total rights shares offered. Based on the results of these valid acceptances and applications, the total number of unsubscribed rights shares involved in the compensation arrangement amounted to 2.1875 million rights shares. The company entered into a placement agreement with a placing agent under Rule 7.21(1)(b), conditionally appointing the agent to secure subscribers for the unsubscribed rights shares according to the agreement's terms. By 4:00 p.m. on March 11, 2026, the company had successfully placed 2.187 million rights shares with three independent subscribers. Consequently, under the compensation arrangement, no net proceeds are available for distribution to non-acting shareholders.