Zheng Quan Zhi Xing·2025-06-23 12:16Core Viewpoint - The report outlines the verification opinion of China International Capital Corporation regarding the listing and circulation of restricted shares for Beijing Qingyun Technology Group Co., Ltd. after its initial public offering on the Sci-Tech Innovation Board [1][10]. Group 1: Listing of Restricted Shares - The restricted shares being listed are part of the company's initial public offering, totaling 11,855,468 shares, which accounts for 24.8024% of the company's total share capital [2][10]. - The shares will be available for circulation starting from July 1, 2025, after a lock-up period of three full accounting years plus an additional six months [2][12]. Group 2: Changes in Share Capital - Following the initial public offering, the company's total share capital increased from 47,462,175 shares to 47,785,987 shares due to the vesting of restricted stock options [2]. - The total share capital will further increase to 47,799,688 shares after the second vesting period of the restricted stock options in 2024 [2]. Group 3: Commitments from Shareholders - Shareholders have committed to not transferring or managing their shares for 36 months post-listing, with specific conditions for reducing their holdings thereafter [3][6]. - The commitments include conditions on share price and operational status of the company, ensuring that any reduction in holdings does not significantly disrupt the market [7][9]. Group 4: Compliance and Verification - The verification opinion confirms that the listing of restricted shares complies with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [10]. - The report indicates that all shareholders have adhered to their commitments, and there are no issues affecting the listing of the restricted shares [10].