According to Siquan New Materials's announcement, some of the shares already issued before the company's initial public offering will be lifted and listed for circulation on October 26, 2026. The number of unrestricted shares is 29.6961 million shares, accounting for 25.5355% of the company's total share capital, involving a total of 2 shareholders, Ren Zeming and Shenzhen Zhongsen Investment Partnership. Among them, Ren Zeming is the controlling shareholder, actual controller, chairman and president of the company, and the annual transfer ratio of his shares does not exceed 25% of his total direct shareholding. The shareholders who applied for the lifting of sales restrictions have all strictly fulfilled their relevant commitments.

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