Restricted shares include:

(1) the original non-tradable shares held by shareholders after the share-trading reform of a listed company is completed but before the day when the stock is resumed for trading, and the bonus shares and transferred shares bred by the aforesaid shares from the day when the stock is resumed for trading to the day when the restricted shares are released from trading restrictions (hereinafter referred to as restricted shares formed by share-trading reform);

(2) the restricted shares of a company which initially offers shares to the public and gets listed after separating the old ones from the new ones under the share-trading reform in 2006, and the bonus shares and transferred shares bred by the aforesaid shares from the first day when the company gets listed to the day when the restricted shares are released from trading restrictions (hereinafter referred to as restricted shares formed by initial public offering);

(3) the restricted shares on which the restrictions have not been lifted and which are transferred to individuals by institutions or other individuals;

(4) the restricted shares which are inherited by individuals according to the law or are obtained by individuals from the division of family properties according to the law;

(5) the restricted shares which are held by individuals and are shifted from the agency share transfer system to the main board market (or to small and medium enterprises board market or growth enterprises board market);

(6) the merging company's shares which are, in the case of merger of listed companies, converted from the former merged company's restricted shares held by individuals;

(7) the post-split company's shares which are, in the case of split-up of a listed company, converted from restricted shares of the split-up company; 

(8) other restricted shares