UTIMES(SH:688638) Zheng Quan Zhi Xing·2025-07-01 16:41Core Points - The company, Shenzhen Yuchen Intelligent Equipment Co., Ltd., is set to list 667,461 shares of its strategic placement stock for public trading on July 14, 2025, following a 24-month lock-up period since its initial public offering (IPO) on July 12, 2023 [1][2][4] - The total number of shares after the IPO is 40 million, with 31,052,640 shares subject to restrictions and 8,947,360 shares unrestricted [1][2] - The strategic placement shares represent 1.19% of the company's total share capital [2][5] Listing Details - The shares will be released for trading after the expiration of the lock-up period, which began on the date of the company's IPO [2][4] - The shares were allocated through a combination of offline and online methods, with the main underwriter being Industrial Securities [1][2] Shareholder Commitments - The sole shareholder of the restricted shares, Xingzheng Investment Management Co., Ltd., has committed to the 24-month lock-up period and will comply with relevant regulations regarding share reduction after the lock-up expires [3][4] - As of the announcement date, the shareholder has adhered to all commitments made during the IPO process [3][4] Regulatory Compliance - The listing of the restricted shares complies with the relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [4]