51WORLD (06651) has issued an announcement. As of the date of this announcement, Mr. Li Yi, a major shareholder of the company, chairman of the board of directors, executive director, and chief executive officer, has voluntarily undertaken to the company that from December 30, 2026 to December 30, 2030, he will not reduce his holdings of 82.6277 million H shares in any manner, representing approximately 19.70% of the company's issued share capital.
Mr. Li also holds 19.0818 million domestic shares of the company, representing approximately 4.55% of the company's issued share capital, and these shares will not be converted into fully tradable shares before December 30, 2030.
The board of directors believes that Mr. Li's voluntary and substantial extension of the lock-up period to the end of 2030 reflects the firm confidence of the company's founder and core management in the company's future business expansion, technological breakthroughs, and long-term investment value.
This is conducive to the company focusing on technological advancement and business development, and translating its firm belief in the "Earth Clone" vision into sustained and stable long-term returns for shareholders.
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