Hubei Chaozhuo Aviation Technology (SH:688237) Zheng Quan Zhi Xing·2025-06-23 12:15Core Viewpoint - The announcement details the upcoming listing and circulation of 45,517,039 restricted shares of Hubei Chaozhuo Aviation Technology Co., Ltd., which will be available for trading starting July 1, 2025, following a 36-month lock-up period after the company's initial public offering [1][12]. Summary by Sections 1. Listing of Restricted Shares - The total number of shares to be listed is 45,517,039, which represents 50.7984% of the company's total shares [1][13]. - The shares will be available for trading on July 1, 2025 [1][13]. 2. Changes in Share Capital - 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 Related to Restricted Shares - Nine shareholders are involved in the release of restricted shares, with commitments to not sell their shares under certain conditions, including if the stock price falls below the issue price [3][5][10]. - The commitments include a lock-up period of 36 months from the date of the initial public offering, with automatic extensions under specific circumstances [3][6]. 4. Compliance and Verification - The company has confirmed that there are no fund occupation issues by controlling shareholders or related parties [12]. - The underwriting institutions have verified that the release of restricted shares complies with relevant regulations and that the shareholders have adhered to their commitments [12][13].