Securities Code: 001255
Securities Abbreviation: Bofi Electric
Announcement Number: 2025-076
Zhejiang Bofi Electric Co., Ltd. announces the listing and circulation of shares issued before the initial public offering. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
- The number of shareholders lifting the initial public offering restrictions is 8, with a total of 60,000,000 shares released from restrictions, accounting for 73.8153% of the company's total share capital.
- The listing and circulation date for the released shares is September 30, 2025 (Tuesday).
(1) Initial Public Offering Share Situation
According to the China Securities Regulatory Commission's approval (Zheng Jian Xu Ke [2022] No. 1715), Zhejiang Bofi Electric Co., Ltd. (hereinafter referred to as "the Company") has approved the initial public offering of 20,000,000 ordinary shares (A shares). Following the Shenzhen Stock Exchange's approval (Shenzhen Stock Exchange [2022] No. 970), the company was listed on September 30, 2022. Before the initial public offering, the total share capital was 60,000,000 shares, which increased to 80,000,000 shares after the issuance.
(2) Changes in Share Capital After Listing
On June 12, 2025, the company disclosed the completion of the registration of the first grant of restricted stock under the 2025 Restricted Stock Incentive Plan, resulting in an increase in total shares from 80,000,000 to 81,284,000 shares. As of the date of this announcement, the total share capital is 81,284,000 shares, of which 62,728,000 shares are subject to trading restrictions, accounting for 77.1714% of the total share capital, and 18,556,000 shares are unrestricted, accounting for 22.8286%. The number of shares issued before the initial public offering that remain restricted is 60,000,000 shares, accounting for 73.8153% of the total share capital.
The shareholders applying for the lifting of restrictions include:
- Jiaxing Bofi Holdings Co., Ltd. (hereinafter referred to as "Bofi Holdings")
- Haining Yunge Investment Partnership (Limited Partnership) (hereinafter referred to as "Yunge Investment")
- Haining Jucheng Investment Partnership (Limited Partnership) (hereinafter referred to as "Jucheng Investment")
- Ling Li
- Lu Yunfeng
- Ningbo Huayu Private Equity Investment Fund Management Co., Ltd. (formerly known as "Ningbo Zhongche Equity Investment Fund Management Co., Ltd.", hereinafter referred to as "Ningbo Huayu")
- Jiaxing Yongzheng Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Yongzheng Investment")
- Hangzhou Shangyan Keling Private Fund Management Co., Ltd. (hereinafter referred to as "Shangyan Keling")
The shareholders applying for the lifting of restrictions have made commitments in the "Prospectus for the Initial Public Offering of Shares" and the "Announcement of Listing of Initial Public Offering of Shares," as follows: