江苏瑞泰新能源材料股份有限公司关于部分首次公开发行前已发行股份上市流通的提示性公告

Core Viewpoint - The announcement details the lifting of restrictions on a significant portion of shares of Jiangsu Ruitai New Energy Materials Co., Ltd., with 520 million shares (70.91% of total shares) set to be released for trading on June 17, 2025 [1][27]. Group 1: Share Issuance and Structure - The company completed its initial public offering (IPO) of 183,333,300 shares on June 17, 2022, increasing the total share capital from 550 million to 733,333,300 shares [2][3]. - As of the announcement date, the total share capital is 733,333,300 shares, with 213,333,300 shares (29.09%) available for unrestricted trading and 520 million shares (70.91%) subject to restrictions [2][27]. Group 2: Shareholder Information - The two shareholders applying for the lifting of restrictions are Jiangsu Guotai International Group Co., Ltd. and Zhangjiagang Guotai Investment Co., Ltd. [4][27]. - The shareholders have adhered to their commitments regarding the restricted shares, with no violations affecting the lifting of restrictions [26]. Group 3: Lock-up Period and Commitments - The lock-up period for the restricted shares is set for 36 months from the date of the IPO [1][6]. - The commitments made by the controlling shareholder include not transferring shares during the lock-up period and ensuring that any share reduction after the lock-up period will not be below the issue price [6][10]. Group 4: Market Stability Measures - The company has established measures to stabilize its stock price, which will be activated if the stock price falls below the latest audited net asset value for 20 consecutive trading days [12][13]. - The measures include potential share buybacks and commitments from the controlling shareholder to increase their holdings if necessary [14][15]. Group 5: Compliance and Oversight - The company will monitor the shareholders' compliance with their commitments during the sale of shares and ensure adherence to relevant regulations [27][29]. - The sponsor institution has confirmed that the application for lifting the share restrictions complies with regulatory requirements and that the shareholders have fulfilled their commitments [29][30].

江苏瑞泰新能源材料股份有限公司关于部分首次公开发行前已发行股份上市流通的提示性公告 - Reportify