Core Viewpoint - The announcement details the listing and circulation of shares from the initial public offering (IPO) of Suzhou Kema Materials Technology Co., Ltd, indicating that 19.8584% of the company's total shares will be subject to a 12-month lock-up period following the IPO [1][2]. Summary by Sections I. Overview of the IPO and Share Distribution - The total share capital of the company before the IPO was 36,100,000 shares, which increased to 436,000,000 shares post-IPO. The shares without circulation restrictions account for 12.9353% of the total, while those with restrictions account for 87.0647% [1][2]. II. Details of Restricted Shares - A total of 86,582,688 shares, representing 19.8584% of the total share capital, will be released from restriction after a 12-month lock-up period starting from the IPO date, which is set for August 18, 2025 [2][9]. III. Shareholder Commitments - Shareholders who are applying for the release of restricted shares include 25 entities, all of whom have committed to not transferring or managing their shares for 12 months post-IPO. This includes specific commitments regarding shares obtained through capital reserve increases [4][5]. IV. Changes in Share Capital Structure - Before the release of restricted shares, the company had 376,000,000 restricted shares, which will decrease to 289,417,312 after the release. The unrestricted shares will increase from 60,000,000 to 146,582,688 [10]. V. Verification by Sponsor Institution - The sponsor institution has verified that the number of shares for circulation and the timing comply with shareholder commitments, confirming that the information disclosed by the company is accurate and complete [11].

Group 1 - The company, Beijing Huaru Technology Co., Ltd., completed its initial public offering (IPO) of 26,370,000 shares on June 23, 2022, increasing its total share capital from 79,100,000 to 105,470,000 shares [1][2] - A total of 71,625,000 shares, representing 45.9532% of the company's total share capital, are subject to a 36-month lock-up period from the date of listing [2][3] - The company approved a capital reserve conversion plan on May 18, 2023, to increase its share capital by 52,735,000 shares, resulting in a new total of 158,205,000 shares [2][3] Group 2 - The company has applied for the release of lock-up restrictions on shares held by five shareholders, with a total of 71,625,000 shares involved [2][3] - The shareholders have committed to not transferring or managing their shares during the lock-up period and have outlined specific conditions for any future share reductions [3][4] - The company has confirmed that the shareholders have adhered to their commitments, and there are no violations affecting the release of the lock-up shares [7][8] Group 3 - The release of lock-up shares will not affect the overall share structure, as the total share capital remains at 155,865,000 shares post-release [10][11] - The company has received verification from its sponsor that the release of lock-up shares complies with relevant regulations and the commitments made by shareholders [11]

Group 1 - The core viewpoint of the article is the verification opinion from CITIC Construction Investment Securities Co., Ltd. regarding the listing and circulation of certain pre-IPO shares of Suzhou Yubang New Materials Co., Ltd. [1][12] - The company completed its initial public offering (IPO) of 26,000,000 shares, which were listed on June 8, 2022, resulting in a total share capital of 104,000,000 shares, with 76.29% being restricted shares and 23.71% being unrestricted shares [2][3] - Following the IPO, the company issued 5,000,000 convertible bonds on September 19, 2023, raising a total of RMB 500 million, with the bonds starting to trade on October 18, 2023 [3][12] Group 2 - Four shareholders applied for the lifting of share restrictions, including Xiao Feng and Lin Min, who are key executives of the company [4][9] - The shareholders made commitments regarding the lock-up period, including not transferring shares for 36 months post-IPO and conditions for extending the lock-up period if share prices fall below the IPO price [5][6][8] - The company confirmed that the shareholders have adhered to their commitments, and there are no instances of fund occupation or illegal guarantees related to these shareholders [9][12] Group 3 - The total share capital after the lifting of restrictions is 109,878,593 shares, with 39.47% being unrestricted shares and 60.53% being restricted shares [3][12] - The lifting of restrictions will allow for the circulation of 66,500,000 shares, which were previously under lock-up [11][12] - The verification by the sponsor indicates compliance with relevant regulations and the accuracy of information disclosure regarding the lifting of share restrictions [12]