Zheng Quan Zhi Xing·2025-06-13 11:38Core Points - The announcement details the upcoming listing and circulation of restricted shares for China Railway Construction Heavy Industry Group Co., Ltd. (铁建重工) [1] - A total of 3,855,540,000 shares will be released for trading on June 23, 2025, following a 48-month lock-up period [1][5] - The shares being released are held by the controlling shareholder, China Railway Group Limited (中国铁建), and its affiliate, China Civil Engineering Group Limited (中土集团) [1][5] Summary by Sections 1. Listing Details - The total number of shares to be listed is 3,855,540,000, which represents 72.29% of the company's total share capital [7] - The shares will be available for trading starting June 23, 2025, due to the non-trading day on June 21, 2025 [1][5] 2. Shareholder Commitments - Both China Railway Group and China Civil Engineering Group have made commitments regarding the lock-up and potential reduction of their shareholdings [2][4] - The lock-up period for the shares held by China Railway Group will automatically extend by six months if the share price falls below the issue price [2][4] 3. Changes in Share Capital - There have been no changes in the company's share capital due to profit distribution or capital increase since the formation of the restricted shares [1] 4. Financial Occupation - The company has confirmed that there are no financial occupations by the controlling shareholder or its affiliates [5]