Halo Micro(SH:688173) Zheng Quan Zhi Xing·2025-07-13 08:12Core Viewpoint - The announcement details the upcoming listing and circulation of 162,674,857 restricted shares of Xidi Microelectronics, which will be available for trading starting July 21, 2025, following the expiration of the lock-up period [1][2]. Group 1: Listing Details - The total number of shares to be listed is 162,674,857, representing 39.65% of the company's total share capital [2][11]. - The original lock-up period for these shares was 36 months from the initial public offering, which was extended by 6 months due to certain commitments made by shareholders [2][12]. - The shares were initially part of a public offering of 40,010,000 shares, with a total share capital of 400,010,000 shares post-IPO [2][4]. Group 2: Shareholder Commitments - Major shareholders, including Dai Zuyu and Tang Ya, have committed not to transfer or manage their shares for 36 months post-IPO, with automatic extensions under certain conditions [6][10]. - The commitments include restrictions on share sales until the company achieves profitability and stipulations regarding share transfers in the event of significant legal issues [5][9]. Group 3: Changes in Share Capital - Following the issuance of restricted shares, the company's total share capital has increased to 410,319,336 shares due to stock option plans and other equity incentives [4][3]. - The company has also seen changes in share capital due to stock option exercises and the cancellation of repurchased shares [3][4]. Group 4: Regulatory Compliance - The underwriting institutions have confirmed that the listing of the restricted shares complies with relevant regulations and that all commitments made by shareholders have been adhered to [10][11].