Unified Low Carbon to release significant block of restricted shares

Unified Low Carbon Technology (Xinjiang) Co., Ltd. has announced the upcoming listing and circulation of 44,312,061 restricted shares. These shares, issued to specific targets through a non-public offering, are set to become publicly tradable on December 29, 2025. The shares were originally acquired by Shenzhen Jianxin Investment Development Co., Ltd. at an issuance price of RMB 6.93 per share, totaling RMB 307,082,582.73.

The non-public offering, approved by the China Securities Regulatory Commission on November 11, 2022, led to an increase in the company's total share capital from 147,706,873 shares to 192,018,934 shares. Shenzhen Jianxin Investment Development Co., Ltd. had committed to a 36-month lock-up period, which commenced upon registration on December 26, 2022.

The shares represent 23.08% of Unified Low Carbon Technology's total share capital. The release of these restricted shares will result in zero restricted circulating shares remaining for the company after December 29, 2025, while the number of unrestricted circulating shares will increase to 192,018,934. The company's financial advisor, China International Capital Corporation Limited, has confirmed the listing and circulation comply with relevant regulations.