Junchuanxin Corp. issued 67.22 million restricted shares to specific individuals, with a lifting of restrictions scheduled on July 24th.
Hunan Military Information Environmental Protection Co., Ltd. announced that the restricted shares issued to specific objects by the company to raise matching funds will be listed for trading on July 24, 2025. The number of restricted shares to be unlocked this time is 67,224,648 shares, accounting for 8.52% of the total share capital of the company, involving 14 issuing objects and 26 securities accounts, with no pledge or freeze situation. It is reported that the restricted shares mentioned above come from 48,017,606 shares issued to 14 specific objects by the company in 2024, with an original lock-up period of 6 months. Due to the equity distribution in 2024, with every 10 shares transferred, an additional 4 shares were allocated, and the number of restricted shares was correspondingly adjusted. As of the announcement date, the total share capital of the company is 789,100,842 shares. After this unlocking, the proportion of unrestricted shares will increase from 17.50% to 26.02%. Independent financial advisors have verified and confirmed that this unlocking is in compliance with relevant regulations and there is no violation of commitments.
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