SEP(SH:600021) Zheng Quan Zhi Xing·2025-07-21 16:13Core Viewpoint - Shanghai Electric Power Co., Ltd. is set to list 199,579,448 shares from a non-public offering, which will become tradable on July 28, 2025, representing 7.09% of the company's total share capital [1][3]. Summary by Sections Non-Public Offering Details - The non-public offering was approved by the China Securities Regulatory Commission, allowing the issuance of up to 199,579,449 new shares [1]. - The shares were registered and custodized on July 27, 2022, with a lock-up period of 36 months for the subscribers [2]. Share Capital Changes - Since the formation of the restricted shares, there have been no changes in the company's share capital due to actions like rights issues or capital increases [2]. Lock-Up Commitments - The controlling shareholder, State Power Investment Corporation, has committed not to transfer or dispose of the shares acquired in the offering for 36 months following the issuance [2][3]. Compliance and Verification - The underwriter, CITIC Securities Co., Ltd., confirmed that the listing of the restricted shares complies with relevant laws and regulations, and that the controlling shareholder has adhered to the lock-up commitments [3]. Listing Details - The total number of restricted shares to be listed is 199,579,448, which will be fully tradable after the lock-up period ends [4]. - The total share capital of the company post-listing will remain at 2,816,743,645 shares, with no changes in the overall structure [5].