Securities Code: 301501 Securities Abbreviation: Hengxin Life Announcement Number: 2026-001
Hefei Hengxin Life Technology Co., Ltd.
Announcement on Partial Lifting of Lock-up and Listing of Shares Issued Before Initial Public Offering
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder: The shares to be unlocked in this announcement are part of the restricted shares issued by Hefei Hengxin Life Technology Co., Ltd. (hereinafter referred to as the "Company") before its initial public offering. The number of shareholders whose lock-up is lifted is 3, and the number of shares is 6,525,000, accounting for 4.4118% of the Company's total share capital. The number of shares that can be actually listed and circulated is 6,525,000, accounting for 4.4118% of the Company's total share capital. The listing and circulation date for the lifted shares is March 19, 2026.
I. Overview of Shares Issued Before Initial Public Offering With the approval of the China Securities Regulatory Commission's "Approval on the Registration of Hefei Hengxin Life Technology Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Permit (2024) No. 1909), the Company issued 25,500,000 ordinary shares of RMB ordinary shares (A shares) and was listed and traded on the Shenzhen Stock Exchange ChiNext Market on March 19, 2025.
The total share capital of the Company before the initial public offering was 76,500,000 shares. After the completion of the initial public offering, the total share capital became 102,000,000 shares. Among these, the number of shares without circulation restrictions and lock-up arrangements was 24,184,382, accounting for 23.7102% of the total share capital after issuance. The number of shares with circulation restrictions or lock-up arrangements was 77,815,618, accounting for 76.2898% of the total share capital after issuance.
On June 6, 2025, the Company completed the 2024 annual equity distribution plan. Due to the capital reserve fund being converted into share capital, the Company's total share capital increased from 102,000,000 shares to 147,900,000 shares. Among these, the number of shares without circulation restrictions and lock-up arrangements was 35,067,354. The number of shares with circulation restrictions or lock-up arrangements was 112,832,646.
On September 19, 2025, the restricted shares from the offline placement of the Company's initial public offering were listed and circulated, with 1,907,646 shares unlocked, accounting for 1.2898% of the Company's total share capital. For details, please refer to the "Notice on the Listing and Circulation of Restricted Shares from Offline Placement of Initial Public Offering" disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on September 16, 2025 (Announcement Number: 2025-042).
As of the disclosure date of this announcement, the Company's total share capital is 147,900,000 shares. Among these, the number of freely tradable shares is 36,975,000, accounting for 25.0000% of the Company's total share capital. The number of restricted shares is 110,925,000 (pre-IPO restricted shares), accounting for 75.0000% of the Company's total share capital.