Quzhou Xin'an: Restricted shares to list July 2

Quzhou Xin'an Development Co., Ltd. (SSE:600208) announced that 207,152 restricted shares will be listed and available for trading on July 2, 2025. These shares originate from the equity restructuring of the former Zhejiang Xinhu Venture Capital Co., Ltd. in 2006, which was later absorbed by Quzhou Xin'an Development via a share swap in 2009. The listing involves shares held by original Xinhu Venture Capital shareholder, Shaoxing Electric Appliance Factory. According to Southwest Securities, the restructuring involved a distribution to shareholders, after which Xinhu Venture Capital had a total share capital of 304,082,330 shares. Following the current listing, 964,463 restricted shares from the original equity restructuring will remain restricted. Southwest Securities verified that all relevant shareholders of the original Xinhu Venture Capital have complied with their commitments made during the equity restructuring, and the listing complies with relevant regulations.