Dongfang Electric to unlock over 239m restricted A-shares for public trading
Dongfang Electric Corporation announced that 239,787,535 shares of its restricted A-shares, issued to specific targets, will become eligible for public trading on October 15, 2025. This move stems from a 2023 targeted issuance of A-shares, with the new shares officially registered on April 14, 2025. The total shares involved constitute 6.93% of the company's total share capital.
The shares originate from two key investors: Huajian International Industrial (Shenzhen) Co., Ltd., with 111,131,700 shares (3.21% of total share capital), and China State-Owned Enterprise Mixed Ownership Reform Fund Co., Ltd., with 128,655,835 shares (3.72% of total share capital). Both entities committed to and fulfilled a six-month lock-up period.
CITIC Securities, acting as the sponsor, confirmed that the listing and trading of these restricted shares comply with relevant regulations, including the "Administrative Measures for the Registration and Issuance of Securities by Listed Companies" and the "Shanghai Stock Exchange Stock Listing Rules."
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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