Core Viewpoint - The announcement details the upcoming listing and circulation of 60,160,000 restricted shares of Baotou Tianhe Magnetic Materials Technology Co., Ltd., which will be available for trading on January 5, 2026, following the expiration of the lock-up period [1][2]. Group 1: Stock Listing Details - The stock type for this listing is the initial public offering (IPO) shares, with a total of 60,160,000 shares set to be listed [1]. - The total number of shares after the IPO will be 264,280,000, with 199,534,374 shares subject to restrictions, accounting for 75.50% of the total shares, and 64,745,626 shares being unrestricted, making up 24.50% [1]. - The restricted shares represent 22.76% of the company's total share capital [2]. Group 2: Lock-up Period and Shareholder Commitments - The lock-up period for the restricted shares is 12 months from the date of the IPO, which began on January 3, 2025 [2]. - Shareholder commitments include a promise from individual shareholder Chen Ya to hold the shares for at least one year and not to transfer or delegate management of the shares during this period [3][4]. - Institutional shareholders have made similar commitments, agreeing not to transfer or delegate management of their shares for one year following the IPO [7][8]. Group 3: Compliance and Verification - The underwriter, Shen Gang Securities Co., Ltd., has verified that the application for the listing of restricted shares complies with relevant laws and regulations [15]. - The company has confirmed that all shareholders have adhered to their commitments regarding the lock-up period, ensuring no issues will affect the upcoming listing [15].
包头天和磁材科技股份有限公司关于首次公开发行部分限售股上市流通的公告