Shandong Xintong Electronics Co., Ltd. (Stock Code: 001388) hereby announces the following regarding the listing and circulation of restricted shares from its 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.
Special Reminder:
- The restricted shares listed for circulation are those from the initial public offering's offline placement.
- A total of 7,060 shareholders will have their restrictions lifted, with 627,311 shares released, accounting for 0.40% of the company's total share capital. The lock-up period is six months from the date of the company's stock listing.
- The listing date for the released shares is January 5, 2026 (Monday), as January 1, 2026, is a non-trading day.
I. Overview of the Initial Public Offering's Offline Placement
According to the China Securities Regulatory Commission's approval (Document No. [2025] 954), the company issued 39 million ordinary shares (A shares) and was listed on the Shenzhen Stock Exchange on July 1, 2025. After the IPO, the total share capital of the company is 156,000,000 shares, of which 125,427,311 shares are subject to trading restrictions, accounting for 80.40% of the total share capital; 30,572,689 shares are unrestricted, accounting for 19.60%. The restricted shares listed for circulation total 627,311 shares, representing 0.40% of the total share capital, with a lock-up period of six months from the listing date.
II. Changes in Share Capital Since the Formation of Restricted Shares
The restricted shares listed for circulation are from the initial public offering's offline placement. Since the formation of these restricted shares, there have been no changes in the company's share capital due to profit distribution or capital reserve transfers.