According to Capital Securities's announcement, on December 22, 2025, the company's 2.252 billion initial public offering restricted shares will be listed and circulated, accounting for 82.38% of the company's total share capital. The ban was lifted for a total of 3 shareholders, namely Beijing Capital Venture Group Co., Ltd., Beijing Infrastructure Investment Co., Ltd., and Beijing Energy Group Co., Ltd. The lockdown period is 36 months from the date of listing of the company's A shares. After the ban is lifted, the ban on the company's initial public offering of restricted shares will be lifted. As a sponsor, Guoxin Securities believes that this restricted stock listing and circulation complies with relevant regulations.

According to Capital Securities's announcement, on December 22, 2025, the company's 2.252 billion initial public offering restricted shares will be listed and circulated, accounting for 82.38% of the company's total share capital. The ban was lifted for a total of 3 shareholders, namely Beijing Capital Venture Group Co., Ltd., Beijing Infrastructure Investment Co., Ltd., and Beijing Energy Group Co., Ltd. The lockdown period is 36 months from the date of listing of the company's A shares. After the ban is lifted, the ban on the company's initial public offering of restricted shares will be lifted. As a sponsor, Guoxin Securities believes that this restricted stock listing and circulation complies with relevant regulations.