Core Viewpoint - The article discusses the verification opinions regarding the listing and circulation of restricted shares for Hangzhou Jinghua Microelectronics Co., Ltd. following its initial public offering (IPO) on the Sci-Tech Innovation Board [1][8]. Group 1: Listing and Circulation of Restricted Shares - The restricted shares being listed for circulation are part of the company's IPO, with a lock-up period of 36 months from the date of listing [2][6]. - A total of 21,294,000 shares will be released for circulation, representing 17.61% of the company's total share capital [2][6]. - The shares will become tradable starting from July 29, 2025, as the lock-up period expires [2][6]. Group 2: Changes in Share Capital - The company's total share capital has changed from 92,974,389 shares to 93,126,248 shares following the completion of the first vesting period of the 2023 restricted stock incentive plan [3]. - As of the date of the verification opinion, the total share capital stands at 120,891,094 shares, with the newly listed restricted shares accounting for 17.61% of this total [4]. Group 3: Commitments from Shareholders - Shareholders holding restricted shares have made commitments not to transfer or manage their shares during the lock-up period and to comply with relevant regulations regarding shareholding changes [5]. - The actual controller and significant shareholders have committed to adhering to the lock-up arrangements and will announce any share reductions in advance [5]. Group 4: Verification by the Sponsor Institution - The sponsor institution, Guotai Junan Securities, has verified that all commitments made by the shareholders regarding the restricted shares have been strictly adhered to [8]. - The institution confirms that the listing and circulation of the restricted shares comply with relevant regulations and that the information disclosed by the company is accurate and complete [8].
晶华微: 国泰海通证券股份有限公司关于杭州晶华微电子股份有限公司首次公开发行部分限售股上市流通的核查意见