司南导航: 民生证券股份有限公司关于上海司南导航技术股份有限公司部分首次公开发行战略配售限售股上市流通的核查意见

Group 1 - The core viewpoint of the article is that Minsheng Securities has verified the listing and circulation of a portion of strategic placement restricted shares of Shanghai Sinan Navigation Technology Co., Ltd. [1] - The restricted shares being listed for circulation amount to 1,010,100 shares, which represents 1.26% of the company's total share capital as of July 31, 2025 [2][3] - The lifting of the restriction on these shares will take effect on August 18, 2025, after a 24-month lock-up period following the company's initial public offering [2][3] Group 2 - The total share capital of the company increased from 62,160,000 shares to 80,460,614 shares due to a capital reserve conversion, which occurred after the formation of the restricted shares [2] - The shareholder of the restricted shares has committed to a lock-up period of 24 months from the date of the company's initial public offering [2] - The sponsor institution has confirmed that the shareholder has adhered to all commitments made during the initial public offering, and there are no issues affecting the listing of the restricted shares [4]