Core Points - The company, Hengshuo Semiconductor (Hefei) Co., Ltd., is set to release 17,142,646 shares for trading on August 29, 2025, as part of its initial public offering (IPO) [1][6] - The shares being released represent 20.67% of the company's total share capital [2][6] - The company received approval from the China Securities Regulatory Commission for its IPO on July 12, 2022, allowing it to issue 20,660,000 shares [1][2] Summary of Key Sections Listing of Restricted Shares - The restricted shares being listed are from the pre-IPO period, with a total of 17,142,646 shares set to become tradable [2][6] - The total share capital of the company increased from 82,637,279 shares to 82,929,413 shares following the completion of the IPO and the implementation of an employee stock incentive plan [2] Commitments Related to Restricted Shares - Shareholders have committed to not transferring or managing their shares for 36 months post-IPO, adhering to the lock-up period [3][4] - After the lock-up period, any intended share reductions must comply with relevant laws and regulations, and shareholders must announce their plans three trading days in advance [3][4] Verification by Intermediaries - The sponsor, Guoyuan Securities Co., Ltd., confirmed that the shareholders have complied with their commitments regarding the lock-up period and that the listing of restricted shares meets legal requirements [5][6]
恒烁股份: 首次公开发行部分限售股上市流通公告