On October 16, YUNJI-NEW fell 9.16% in Regular Trading, trading at HK$6.005, with turnover of HK$44.2193 million.
The move coincided with multiple same-day disclosures, with the key catalyst being the termination of an investor voting agreement that changed the company’s controlling shareholder status. After the agreement ended, the chairwoman and Yunji Angel Management were no longer controlling shareholders, although they remained the largest single shareholder group, a change that appeared to unsettle trading sentiment.
At the same time, management disclosed a voluntary 12-month no-sell commitment. Chairwoman Zhi Tao and CEO Li Quanyin extended the lock-up on their directly held shares to October 15 next year, covering about 60.16 million and 13.79 million shares respectively, or nearly 10.6% combined. The company also reported solid first-nine-month operating trends, including robot coverage at more than 45,000 hotels, average daily concurrent robots up about 20% to 25% year on year, and HDOS paid customers up about 220%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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