FEIDA ENVIRO(SH:600526) Shang Hai Zheng Quan Bao·2025-11-11 19:49Core Points - The announcement details the listing and circulation of restricted shares for Zhejiang Feida Environmental Technology Co., Ltd. as part of an asset purchase and fundraising transaction [1][5][12] Group 1: Share Issuance and Listing - The type of shares being listed is non-publicly issued shares, with a total of 152,317,067 shares set for circulation [2][3] - The listing date for these restricted shares is November 17, 2025 [4] - The shares were issued to purchase assets from Hangzhou Steel Group Co., Ltd. and to raise supporting funds, with the approval from the China Securities Regulatory Commission received on April 21, 2022 [6] Group 2: Shareholder Changes and Lock-up Period - Following the issuance, the total share capital of the company increased from 547,404,672 shares to 699,721,739 shares [10] - A significant transfer of shares occurred on November 24, 2023, when Hangzhou Steel Group transferred 33.01% of its shares to Zhejiang Provincial Environmental Group without compensation [7] - The lock-up period for the shares is set at 42 months due to a condition triggered by the stock price falling below the issuance price for 20 consecutive trading days [9] Group 3: Compliance and Commitments - All parties involved in the transaction have adhered to their commitments regarding share lock-up, and there are no outstanding issues affecting the listing of the restricted shares [12] - The independent financial advisor, CITIC Securities Co., Ltd., confirmed that the conditions for the release of restricted shares comply with relevant laws and regulations [14]