Shenzhen Expressway Corporation Limited to Release 281 Million Restricted Shares on September 29

Deep News09-23

Shenzhen Expressway Corporation Limited announced the upcoming listing and circulation of restricted shares from its private placement. The company will release a total of 281 million restricted shares for trading on September 29, 2025.

According to the announcement, the restricted shares subject to this release originated from a non-public stock issuance. The lock-up periods varied among investors, with Xintong Industry Development (Shenzhen) Co., Ltd. having an 18-month restriction period, while other investors were subject to a 6-month restriction period.

Following the release of these restricted shares, Shenzhen Expressway Corporation Limited's total share capital will reach 25.38 billion shares. The company's share structure will consist of 75.93 million shares with trading restrictions and 24.62 billion shares without trading restrictions.

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