GKG(SZ:301338) Zheng Quan Zhi Xing·2025-08-19 11:21Summary of Key Points Core Viewpoint The announcement details the lifting of restrictions on a portion of shares that were issued prior to the initial public offering (IPO) of Dongguan Kaige Precision Machinery Co., Ltd. This includes the number of shares being released for circulation and the implications for the company's share structure. Group 1: Share Issuance and Structure - The number of shares being released from restrictions is 72,100,000, accounting for 67.76% of the company's total share capital [1][4]. - After the IPO, the total share capital of the company is 76,000,000 shares, with 59,342,868 shares subject to trading restrictions, representing 78.08% of the total [1]. - Following a capital increase, the total share capital has changed to 106,400,000 shares, with 72,100,000 shares under restrictions and 34,300,000 shares unrestricted [3][4]. Group 2: Shareholder Commitments - Major shareholders, including the controlling shareholder Qiu Guoliang and his spouse Peng Xiaoyun, have committed not to transfer or manage their shares for 36 months post-IPO [5][6]. - The employee shareholding platforms have also made similar commitments regarding the shares they hold [6][8]. Group 3: Changes in Share Structure - The actual number of shares available for circulation after the lifting of restrictions will be 24,850,000, which is 23.36% of the total share capital [6][9]. - The share structure will change post-restriction, with restricted shares decreasing to 47,250,000 (44.41%) and unrestricted shares increasing to 59,150,000 (55.59%) [9][10]. Group 4: Compliance and Verification - The sponsor has verified that the shareholders have adhered to their commitments regarding the lifting of share restrictions, and the announcement complies with relevant regulations [10].