Core Viewpoint - The report from Huatai United Securities provides a thorough review of the lifting of restrictions on shares of Nongshim Crop Technology Co., Ltd. prior to its initial public offering (IPO), confirming compliance with relevant regulations and the scheduled date for the shares to become tradable [1][10]. Group 1: Company IPO and Share Structure - The company received approval from the China Securities Regulatory Commission for its IPO, issuing 25 million shares, resulting in a total share capital of 100 million shares [1]. - Prior to the IPO, the total share capital was 75 million shares, with 50.544 million shares under lock-up conditions, representing 50.544% of the total shares [2][3]. - As of the date of the report, the total share capital remains at 100 million shares, with 50.544 million shares still under lock-up, and 12.6195 million shares held by executives under lock-up [2][3]. Group 2: Lifting of Share Restrictions - The lifting of restrictions involves 50.544 million shares from three shareholders, with 14.2635 million shares becoming tradable starting August 19, 2025 [3][4]. - After the lifting of restrictions, the number of restricted shares will be 50.095 million, with 48.9 million shares held by executives under lock-up [3][4]. - The shareholders involved in the lifting of restrictions have made commitments regarding the transfer of their shares, limiting annual transfers to 25% of their holdings during their tenure as executives [5][6][7]. Group 3: Compliance and Commitments - The shareholders have committed to not transferring their shares beyond the stipulated limits and have agreed to disclose any changes in their holdings [7][8]. - The report confirms that the shareholders have adhered to their commitments, and there are no violations regarding the use of company funds or guarantees [8][9]. - The lifting of restrictions complies with all relevant laws and regulations, and the information disclosure related to this matter is deemed accurate and complete [10].
农心科技: 华泰联合证券有限责任公司关于农心作物科技股份有限公司首次公开发行前已发行股份解除限售并上市流通的核查意见