ZHOU LIU FU (06168) has announced that the company recently received a commitment from its controlling shareholders and concerted action persons, Executive Directors Mr. Li Weizhu and Mr. Li Weipeng (collectively referred to as the "Controlling Shareholders" for this announcement), regarding not reducing their holdings of the company's shares. In light of the impending expiration of the original lock-up period for a total of 357,769,666.69 H-shares and unlisted shares of the company directly and/or indirectly held by the Controlling Shareholders, the Controlling Shareholders have submitted a letter of commitment to the company for voluntarily extending the lock-up period. The lock-up period for these shares was originally set to expire on June 26, 2026. According to the commitment letter, based on their long-term and firm confidence in the company's business growth potential, core competitiveness, and industry development prospects, and to maintain the stability of the company's share price and capital market confidence, as well as to protect the legitimate rights and interests of all shareholders, particularly minority shareholders, the Controlling Shareholders have voluntarily committed to extending the lock-up period for the aforementioned total of 357,769,666.69 shares by 18 months, until December 26, 2027 (inclusive). During this extended lock-up period, they will not reduce their holdings of these shares in any manner, whether directly or indirectly. The company believes that the Controlling Shareholders' commitment not to sell their shares is conducive to further promoting the sustained, stable, and healthy development of the company.
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