Zheng Quan Zhi Xing·2025-07-07 11:19Core Viewpoint - The company Zhejiang Tiancheng Automation Co., Ltd. is set to list 26,874,566 restricted shares for public trading, increasing its total share capital to 397,100,000 shares following a non-public issuance [2][5]. Group 1: Share Issuance Details - Prior to the issuance, the company's total share capital was 370,225,434 shares, and after the issuance of 26,874,566 shares, the total will be 397,100,000 shares [2]. - The non-public issuance was approved by the China Securities Regulatory Commission, allowing for the issuance of up to 35,906,642 new shares at a price of 5.57 RMB per share [5]. - The shares will be available for trading on July 15, 2025, following the completion of the issuance process [5]. Group 2: Shareholder Commitments and Compliance - The holders of the newly issued restricted shares have committed to a lock-up period of 36 months from the date of listing, and they have adhered to this commitment without any violations [5]. - The company has confirmed that there are no instances of fund occupation by controlling shareholders or related parties [3]. Group 3: Regulatory Compliance - The listing of the restricted shares complies with the relevant regulations and guidelines set forth by the Shanghai Stock Exchange and other regulatory bodies [5][6]. - The sponsor, Dongfang Securities, has conducted a thorough review of the issuance and has no objections to the listing of the restricted shares [6].