301616SZSE

Announcement Regarding the Listing and Circulation of Shares Issued Before the Initial Public Offering

Zhejiang Huaye Co., Ltd.··4 pages

✨ AI Summary

This announcement details the lifting of restrictions on 8,401,791 shares of Zhejiang Huaye Plastic Machinery Co., Ltd., representing 10.5022% of the total share capital. These shares will become tradable on March 27, 2026. The shareholders involved have fulfilled their commitments regarding lock-up periods and share reduction prices.

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Securities Code: 301616 Securities Abbreviation: Zhejiang Huaye Announcement No.: 2026-005

Zhejiang Huaye Plastic Machinery Co., Ltd. Announcement Regarding the Listing and Circulation of Shares Issued Before the Initial Public Offering

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false or misleading statements or material omissions.

Special Notes:

  1. The restricted shares to be listed and circulated this time are part of the shares issued by Zhejiang Huaye Plastic Machinery Co., Ltd. (hereinafter referred to as "Zhejiang Huaye" or "the Company") before its initial public offering.
  2. The number of shareholders applying for the lifting of lock-up restrictions is 2.
  3. The number of shares for which lock-up restrictions are to be lifted is 8,401,791 shares, accounting for 10.5022% of the Company's total share capital.
  4. The shares for which lock-up restrictions are to be lifted will be available for trading starting March 27, 2026 (Friday).

I. Overview of Shares Issued Before the Initial Public Offering

With the approval of CSRC License [2025] No. 90, the Company completed its registration for the initial public offering of shares. The Company publicly offered 20,000,000 ordinary RMB shares (A shares) to the public and was listed on the ChiNext market of the Shenzhen Stock Exchange on March 27, 2025. After the issuance, the total share capital was 80,000,000 shares, of which 60,000,000 shares were restricted shares, accounting for 75% of the total share capital after issuance; and 20,000,000 shares were unrestricted shares, accounting for 25% of the total share capital after issuance.

As of the date of this announcement, the Company's total share capital is 80,000,000 shares, of which 60,000,000 shares are restricted shares, accounting for 75% of the Company's total share capital; and 20,000,000 shares are unrestricted shares, accounting for 25% of the Company's total share capital.

II. Fulfillment of Commitments by Shareholders Applying for Lifting of Share Lock-up Restrictions

According to the Company's "Prospectus for Initial Public Offering of Shares and Listing on the ChiNext Market" and "Listing Announcement for Initial Public Offering of Shares and Listing on the ChiNext Market," the shareholders applying for the lifting of lock-up restrictions this time are Zhoushan Islands New Area Ocean Industry Investment Co., Ltd. and Zhoushan Islands New Area Financial Investment Co., Ltd. Their commitments regarding the shares they hold are as follows:

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