CICT Mobile (SH:688387) Shang Hai Zheng Quan Bao·2025-09-17 19:45Core Points - The company, CICT Mobile Communication Technology Co., Ltd., is set to list 638,027,200 restricted shares for trading on September 26, 2025, following the expiration of a 36-month lock-up period [2][4][6] - The total number of shares after the initial public offering (IPO) is 3,418,750,000, with 2,958,711,758 shares under lock-up and 460,038,242 shares freely tradable [5][6] - The restricted shares represent 18.6626% of the company's total share capital [6][14] Listing Details - The shares being listed are part of the initial public offering and were held by a single shareholder, the Hubei Yangtze CICT Mobile Communication Technology Industry Investment Fund [6][8] - The shares were initially issued as part of an IPO approved by the China Securities Regulatory Commission [5][6] Shareholder Commitments - The shareholder has committed to not transferring or managing the shares for 36 months post-IPO and has outlined conditions for any future share reductions [9][10][11] - Any proceeds from unauthorized share reductions will be returned to the company [9][11] Financial and Regulatory Compliance - The company has confirmed that there have been no changes in share capital due to profit distribution or other factors since the formation of the restricted shares [7] - The underwriting institution, Shenwan Hongyuan Securities, has verified that the shareholder has adhered to commitments made during the IPO process [13]