Baimtec Material (SH:688563) Zheng Quan Zhi Xing·2025-07-11 09:27Key Points - The company, Beijing Aerospace Materials Research Institute Co., Ltd., is set to release 1,800,000 shares for trading on July 21, 2025, following a 24-month lock-up period for strategic placement shares [1][2] - The total number of shares after the initial public offering (IPO) is 450,000,000, with 381,893,459 shares subject to lock-up and 68,106,541 shares freely tradable [1] - The strategic placement shares represent 0.40% of the company's total share capital [2][3] - The lock-up period for the shares held by CITIC Securities Investment Co., Ltd. will end on July 21, 2025, with the company committing to comply with regulations regarding share reduction [2][4] - The company has not experienced any changes in share capital due to profit distribution or capital increase since the formation of the lock-up shares [2]