Core Viewpoint - Zhejiang Wufangzhai Industrial Co., Ltd. is set to list 74,136,084 restricted shares for public trading on September 1, 2025, following a 36-month lock-up period after its initial public offering [1][2]. Summary by Sections Announcement of Restricted Shares - The total number of restricted shares to be listed is 74,136,084, which represents 37.61% of the company's total share capital [2][10]. - The shares were initially issued at a price of RMB 34.32 per share, with a face value of RMB 1.00 [1]. Changes in Share Capital - The company's total share capital has changed from 100,743,000 shares to 102,743,000 shares after the completion of the restricted stock registration [2]. - Following a profit distribution plan, the total share capital increased to 143,840,200 shares, and subsequent share buybacks further adjusted the total to 142,655,772 shares [2][3]. Current Share Structure - As of the announcement date, the total share capital stands at 197,125,868 shares, with 75,250,226 shares under restricted conditions and 121,875,642 shares freely tradable [4][11]. Commitments Related to Restricted Shares - The company and its shareholders have committed to not transferring or managing the restricted shares for 36 months post-IPO, with specific conditions for any future share reductions [5][6]. - If the share price falls below the IPO price for a specified period, the lock-up period may be extended by an additional six months [5][6]. Verification by Intermediaries - The sponsor, Zheshang Securities, has confirmed that the listing of the restricted shares complies with relevant regulations and that the shareholders have adhered to their commitments [8].
五芳斋: 浙江五芳斋实业股份有限公司首次公开发行部分限售股上市流通公告