Cecep Solar Energy lifts restrictions on 314m shares

Cecep Solar Energy will lift restrictions on 314 million shares on August 18, representing 8.01% of its total share capital. The shares were issued in a 2022 non-public offering that raised 5.98 billion yuan.

The restrictions expire after a 36-month lock-up period for shares held by China Energy Conservation and Environmental Protection Group and CECEP Capital Holdings. Both major shareholders have pledged not to reduce their holdings until July 2026.