Great Shengda: Restricted shares to be released

Zhejiang Great Shengda Packaging (SSE:603687) is set to release 3,529,411 restricted shares for trading on February 17, 2025, according to a review opinion issued by Dongxing Securities. These shares, originally issued to Hangzhou Xinshengda Investment Co., Ltd. during a private placement in 2023, have been subject to an 18-month lock-up period. Following the release, Great Shengda's total outstanding shares will remain unchanged at 550,031,864. Dongxing Securities, as the lead underwriter, confirmed that the share release adheres to relevant regulations and exchange rules, ensuring the accuracy and completeness of information disclosure.