Science and Engineering Navigation's 51.48 million restricted shares will be listed for trading on September 18th.
The China International Finance Corporation conducted a verification of the initial public offering of restricted shares of the Engineering Navigation for the first time to be listed for trading. On March 18, 2022, the company was listed on the Sci-Tech Innovation Board with a total equity of 88 million shares after the issuance. This time involves 51.48 million restricted shares held by 7 shareholders, accounting for 58.50% of the total equity, with a lock-up period of 42 months, and will be listed for trading on September 18, 2025. Since the formation of the restricted shares, the company's equity has not changed due to profit distribution, etc. The relevant shareholders have made commitments on stock locking and reduction, and have strictly complied with them. The sponsorship agency believes that the listing of restricted shares this time meets regulatory requirements, the information disclosure is true, accurate, and complete, and has no objections to this matter.
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