Movement Alert｜Guoxia Technology Rises 5.89% in Regular Trading, Cornerstone Investor Extends Lock-up Period Combined with Industrial Fund Deployment Boosts Sentiment

On June 18, Guoxia Technology rose 5.89% in regular trading, trading at 18.62 HKD/share, with turnover of approximately 45.25 million HKD.

On the news front, the company's cornerstone investor, Huikai Hong Kong Economic Development Co., Ltd., a wholly state-owned investment platform established by Wuxi Huishan Economic Development Zone, voluntarily committed to not disposing of its 2.699 million H shares (approximately 0.68% of issued H shares) for 18 months starting June 16. The extended lock-up period officially took effect on June 16, alleviating market concerns over potential selling pressure.

Additionally, the company previously invested RMB 200 million to participate in establishing the Kaibo Co-creation Industrial Fund with a first-phase scale of RMB 1.6 billion, primarily targeting the new energy battery industry supply chain. Key co-investors include CALB and Hymson Laser. While earlier market divergence over the capital commitment under the company's asset-light model drove shares from 25.3 HKD to a historic low, the combination of the lock-up extension and strategic fund positioning has helped stabilize market expectations.

(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.)