KSW-TECH(SH:688283) Zheng Quan Zhi Xing·2025-08-01 16:10Core Points - The announcement details the upcoming listing and circulation of restricted shares for Chengdu Kunheng Shunwei Technology Co., Ltd, with a total of 36,308,429 shares set to be released on August 15, 2025 [1][7] - The restricted shares represent 29.81% of the company's total share capital, which was increased from 84,000,000 shares following the implementation of the 2023 profit distribution and capital reserve conversion plan [2][7] - The shares were initially locked for 36 months post-IPO, with an extension of six months due to the company's stock price falling below the issue price for 20 consecutive trading days [2][3] Summary by Sections Listing Details - The total number of shares to be listed is 36,308,429, which constitutes 29.81% of the company's total share capital [2][7] - The shares will be available for circulation starting on August 15, 2025 [1][7] Shareholder Commitments - The shareholder holding the restricted shares has committed not to transfer or manage the shares for 36 months post-IPO, with an automatic extension of six months due to specific conditions [2][3] - After the lock-up period, the shareholder can only transfer up to 25% of their shares annually while serving as a director or senior management [4] Changes in Share Capital - Following the implementation of the 2023 profit distribution and capital reserve conversion, the company's total share capital increased from 84,000,000 shares [2][7] - The announcement confirms that there are no fund occupation issues by the controlling shareholder or related parties as of the disclosure date [6] Compliance and Verification - The sponsor institution, Minsheng Securities, has verified that the shareholder has adhered to the commitments made during the IPO process [6][7] - The listing and circulation of the restricted shares comply with relevant laws and regulations [6][7]