North Copper(SZ:000737) Zheng Quan Zhi Xing·2025-07-15 12:14Summary of Key Points Core Viewpoint - The announcement details the lifting of the lock-up period for specific shares issued by Northern Copper Industry Co., Ltd., allowing for the circulation of 132,260,268 shares, which represents 6.9438% of the company's total share capital, after a 6-month lock-up period following the issuance [1][2][4]. Group 1: Basic Information on Share Release - The company received approval from the China Securities Regulatory Commission to issue shares to 18 specific entities, with the total share capital increasing from 1,772,456,167 shares to 1,772,456,167 shares, maintaining the same total due to the nature of the issuance [1][2]. - The total number of shares to be released from the lock-up is 132,260,268, which constitutes 6.9438% of the company's total share capital [1][3]. Group 2: Shareholder Commitments - The 18 shareholders involved in the share issuance have committed to a 6-month lock-up period starting from the date of the new shares' listing, during which they will not transfer their shares [1][2]. - There have been no violations of this commitment, and no non-operational use of company funds has been reported [2][3]. Group 3: Listing and Circulation Arrangements - The release of the locked shares will allow for their circulation, with the total number of locked shares before the release being 1,772,277,892, which accounted for 93.05% of the total share capital [3]. - After the release, the total number of unrestricted shares will be 1,904,538,160, representing 99.99% of the total share capital [3][4]. Group 4: Compliance and Verification - The sponsor has verified that the shareholders have adhered to their commitments regarding the lock-up period, and the release of shares complies with relevant regulations and guidelines [3][4]. - The announcement confirms that the information disclosed regarding the lifting of the lock-up period is accurate and complete [4].