EVE Energy restricted shares to circulate after lock-up expiry

EVE Energy Co., Ltd. (SZSE:300014) is set to lift restrictions on 142,970,611 shares, allowing them to circulate on the Shenzhen Stock Exchange's ChiNext board starting December 8, 2025. These shares, representing 6.8956% of the company's total share capital as of November 28, 2025, were part of a private placement completed on December 6, 2022. The issuance raised RMB 9,000,000,000.00 at RMB 62.95 per share.

The three investors whose shares are being released are EVE Holdings, Liu Jincheng, and Luo Jinhong, who have fully adhered to their 36-month lock-up commitments. EVE Holdings held 47,656,870 shares, Liu Jincheng held 31,771,247 shares, and Luo Jinhong held 63,542,494 shares. Post-release, Liu Jincheng's restricted shares will primarily consist of high-level management lock-up shares.

Citic Securities Company Limited, as the sponsor, has verified that EVE Energy's restricted share release complies with relevant laws and regulations, confirming that all commitments have been fulfilled and that the information disclosure is accurate and complete. The total number of unrestricted shares will increase to 2,012,547,856, representing 97.07% of the total share capital.