Shoelectric Power: 50,749,200 restricted shares will be listed for trading on July 20th.

Shangneng Electric announced that the planned to lift the restrictions on a total of 50.7492 million shares, accounting for 9.12% of the total share capital. There are a total of 15 shareholders applying for the lifting of restrictions on their shares. The listed date for the shares to be lifted from restriction is July 20, 2026, and there are no cases of pledged or frozen shares. After the restrictions are lifted, the number of restricted shares will decrease to 120 million, accounting for 21.58%, while the number of unrestricted shares will increase to 437 million, accounting for 78.42%. The sponsoring institution has no objections to the lifting of restrictions and listing of the shares.