FAW Jiefang to release restricted A-shares in April 2025

FAW Jiefang Group (SZSE:000800) announced the upcoming release of 298,507,462 restricted A-shares for trading on April 21, 2025. These shares, issued to specific investors in September 2024, account for 6.0643% of the company's total share capital. The initial private placement included nine entities, among them the National Manufacturing Transformation and Upgrading Fund, Nord Fund Management, and Jilin Provincial Equity Investment Fund. The company confirmed that all involved shareholders have fully complied with their shareholding lock-up commitments. Following this release, the number of restricted shares will reduce to 1,545,253 shares, representing 0.03% of the company's total equity.