Loongson Technology(688047) Zheng Quan Zhi Xing·2025-06-13 09:54Core Viewpoint - Longxin Zhongke Technology Co., Ltd. is set to release 121,355,271 shares of restricted stock for public trading on June 24, 2025, which represents 30.26% of the company's total share capital [1][2][9]. Summary by Sections 1. Listing of Restricted Shares - The company will list 121,355,271 shares of restricted stock, which were part of its initial public offering (IPO) [1][2]. - The shares will be available for trading starting on June 24, 2025 [1][2]. 2. Share Capital Changes - Since the formation of the restricted shares, there have been no changes in the company's share capital due to profit distribution or capital reserve transfers [2]. 3. Commitments Regarding Restricted Shares - The controlling shareholder, Beijing Tiantong Xinyuan Technology Co., Ltd., has committed not to transfer or manage the shares held prior to the IPO for 36 months [2][3]. - If the share price falls below the IPO price for 20 consecutive trading days, the lock-up period will automatically extend by 6 months [3][4]. 4. Compliance and Verification - As of the announcement date, there are no instances of fund occupation by the controlling shareholder or related parties [9]. - The sponsor, CITIC Securities Co., Ltd., has confirmed that all shareholders of the restricted shares have adhered to their commitments made during the IPO [9]. 5. Detailed Listing Information - The total number of restricted shares being listed is 121,355,271, with a lock-up period of 36 months from the IPO date [9][10]. - The detailed list of shareholders holding restricted shares includes several investment management centers and partnerships [10].