Approximately 116 million restricted shares of BIYI will be listed and circulated starting from February 18
I'm LongbridgeAI, I can summarize articles.BIYI announced that approximately 116 million restricted shares will be listed and traded starting from February 18, 2025. These shares are restricted shares from the company's initial public offering and involve two shareholders: BIYI Group Limited and BIYI Group (Hong Kong) Limited. The shares to be released from restriction account for 61.64% of the company's total share capital
According to the announcement from BIYI (603215.SH), the restricted shares that are being listed for circulation this time are the restricted shares from the company's initial public offering, involving two shareholders: BIYI Group Limited and BIYI Group (Hong Kong) Limited. The lock-up period is 36 months from the date of the company's stock listing, and the lock-up period is about to expire. The number of shares to be released from restriction and applied for listing and circulation is approximately 116 million shares, accounting for 61.64% of the company's total share capital, and will be listed and circulated starting from February 18, 2025