Hongxin Electron-Tech to unlock restricted shares for trading

Xiamen Hongxin Electron-Tech Group [SZSE:300657] announced that 18,988,572 restricted shares, representing 3.94% of the company's total share capital, will be released for trading on July 11, 2025. These shares stem from the company's issuance of shares and cash payment to acquire assets and raise supporting funds, specifically the acquisition of Suzhou Huayang Electronics (now known as Suzhou Huayang Electronics Co., Ltd.). Of the total shares being unlocked, 12,030,428 shares, or 2.49% of the company's total share capital, are eligible for immediate public trading.