Core Viewpoint - Suzhou Tianmai Thermal Technology Co., Ltd. is set to release 26,590,998 shares for trading on October 24, 2025, which represents 22.99% of the company's total share capital, following the expiration of the lock-up period for certain pre-IPO and strategic placement shares [2][5][11]. Group 1: Share Issuance and Lock-up Details - The total number of shares to be released is 26,590,998, accounting for 22.99% of the total share capital [5][11]. - The number of shareholders applying for the release of lock-up shares is 19 [12]. - The lock-up period for these shares is 12 months from the date of the company's IPO on October 24, 2024 [5][12]. Group 2: Share Capital Structure - Prior to the IPO, the total share capital was 86,760,000 shares, which increased to 115,680,000 shares post-IPO [4]. - After the IPO, 21,992,305 shares (19.01%) are unrestricted, while 93,687,695 shares (80.99%) are subject to lock-up [4]. - As of the announcement date, the total share capital remains at 115,680,000 shares, with 89,652,000 shares (77.50%) under lock-up and 26,028,000 shares (22.50%) unrestricted [4]. Group 3: Shareholder Commitments - Shareholders have made commitments not to transfer or manage their pre-IPO shares for 36 months from the issuance date and for 12 months from the IPO date [8][9]. - The commitments include adherence to regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding share transfers and disclosures [9][10]. Group 4: Regulatory Compliance - The sponsor has confirmed that the release of lock-up shares complies with relevant regulations and that shareholders have adhered to their commitments [15]. - The company has ensured that there are no violations regarding the use of funds by shareholders or illegal guarantees [10].
苏州天脉导热科技股份有限公司 关于部分首次公开发行前已发行股份及首次公开发行战略配售股份解除限售并上市流通的提示性公告