Core Viewpoint - The report outlines the verification opinion of China International Capital Corporation regarding the listing and circulation of restricted shares for Jiangsu Favored Tech Nano Technology Co., Ltd, indicating compliance with relevant regulations and the upcoming release of a significant number of shares [1][4]. Group 1: Restricted Shares Details - The restricted shares being listed for circulation amount to 208,533,334 shares, representing 62.16% of the company's total share capital [4][6]. - The lock-up period for these shares was set at 36 months from the date of the company's initial public offering, which took place on August 2, 2022 [1][4]. - The sole shareholder of these restricted shares is Favored Tech Corporation Limited, which has adhered to the lock-up commitments [2][4]. Group 2: Compliance and Commitments - Favored Tech Corporation Limited has committed not to transfer or manage the shares during the lock-up period and has agreed to extend the lock-up period by an additional 6 months if certain price conditions are met [2][3]. - The company has confirmed that there have been no changes in share capital due to profit distribution or other factors since the formation of the restricted shares [1][4]. - The verification opinion states that the company has fulfilled all relevant commitments and that the information disclosed regarding the restricted shares is accurate and complete [4][5]. Group 3: Future Circulation - The listing date for the restricted shares is set for August 4, 2025, marking the end of the lock-up period [4][6]. - The total number of restricted shares that will be available for circulation is 208,533,334, with no remaining restricted shares after this listing [4][6].
菲沃泰: 中国国际金融股份有限公司关于江苏菲沃泰纳米科技股份有限公司部分限售股上市流通的核查意见