HELLO TECH's 281 million restricted shares will be listed and circulated on September 19

Huatai United Securities conducted a review of the listing and circulation of part of the shares prior to the initial public offering of HELLO TECH. As of now, the company's total share capital is 174 million shares, with 126 million shares subject to restrictions, accounting for 72.39%. This time, 28.1342 million restricted shares held by three shareholders will be listed and circulated on September 19, with a lock-up period of 36 months. The shareholders applying for the lifting of restrictions have fulfilled their commitments, and there are no violations. The shares to be lifted from restrictions are not pledged or frozen. Before and after the listing and circulation, the company's total share capital remains unchanged, the restricted shares decrease to 98.098 million shares, accounting for 56.25%, while the unrestricted shares increase to 76.2834 million shares, accounting for 43.75%. The sponsoring institution believes that this application for listing and circulation is compliant, the shareholders lifting restrictions have fulfilled their commitments, and the information disclosure is true, accurate, and complete, with no objections