Suyan Jingshen's 164 million restricted shares from private placement to become tradable on August 25

Corporate Action
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Suyan Jingshen announced that restricted shares from its private placement to specific investors are about to become tradable. The number of restricted shares entering circulation this time is 163,680,154, all of which are A-share ordinary shares privately issued to 13 specific investors in February 2026, with subscription conducted offline. The lock-up period for these shares is six months, and they will be released from restriction and become tradable on August 25, 2026. After the completion of this issuance, the company's total share capital increased from 781,658,202 shares to 955,068,606 shares. Subsequently, due to the repurchase and cancellation of 308,668 restricted shares, the total share capital was adjusted to 954,759,938 shares.

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Jingsu Jingshen Salt&Chem
603299
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Lock-up expiry of 163.68M shares from private placement increases float, likely pressuring stock price.