Core Viewpoint - The announcement details the lifting of restrictions on the shares of Shandong Longhua New Materials Co., Ltd., with a total of 222,146,942 shares being released, representing 51.66% of the company's total share capital, effective April 16, 2025 [2][16]. Group 1: Share Issuance and Structure - The company publicly issued 70 million shares, approved by the China Securities Regulatory Commission, and listed on the Shenzhen Stock Exchange on November 10, 2021 [3]. - After the initial public offering, the total share capital increased to 430,000,018 shares, with 368,065,846 shares subject to restrictions, accounting for 85.60% of the total [3]. - As of the announcement date, the total share capital remains at 430,000,018 shares, with restricted shares at 226,356,540, representing 52.64% of the total [5]. Group 2: Shareholder Commitments - Four shareholders, including the controlling shareholders, have made commitments regarding the restriction and management of their shares, ensuring compliance with regulations and transparency [6][15]. - The commitments include a 36-month lock-up period post-listing, adherence to disclosure obligations, and penalties for non-compliance [7][11]. - The controlling shareholders have also committed to not reducing their holdings for 18 months from October 16, 2023, ensuring stability in share ownership [14][17]. Group 3: Lifting of Restrictions - The lifting of restrictions will allow 56,075,609 shares to be tradable on the market starting April 16, 2025 [2][16]. - The shareholders involved in the lifting of restrictions include three natural persons and one institutional shareholder [15]. - The shares to be released do not have any pledges or freezes associated with them [17]. Group 4: Regulatory Compliance - The sponsor, Dongwu Securities, has verified that the lifting of restrictions complies with relevant laws and regulations, confirming the accuracy and completeness of the information disclosed [19].
山东隆华新材料股份有限公司 关于首次公开发行前已发行部分股份解除限售并上市流通 的提示性公告