GRG Metrology & Test announced that 54,144,106 restricted shares issued to specific investors in February 2026 will become tradable on August 12, 2026, representing 8.4650% of the company’s total share capital. The private placement raised approximately 1.3 billion yuan at an issue price of 24.01 yuan per share. The 16 investors include the National Military-Civilian Integration Industry Investment Fund Phase II, the China State-owned Enterprise Structural Adjustment Fund Phase II, and the Hubei Provincial Railway Development Fund, with a lock-up period of six months. The release involves 16 shareholders across 23 securities accounts, with no frozen or pledged shares. After the unlocking, the company’s restricted shares will decrease from 89,895,573 to 35,751,467, while the freely tradable shares will increase accordingly.
Grg Metrology54.14 million restricted shares become tradable, increasing float and potential selling pressure.
