METALIGHT (02605): Sun Xi, Chen Xiao, and Others Voluntarily Extend Lock-Up Period

Stock News12-08

METALIGHT (02605) announced that the company recently received commitment letters from Dr. Sun Xi, Mr. Chen Xiao, Mr. Xiao Pingyuan, Dr. Shao Lingshuang, Ms. Qian Jinlei, Mr. Xu Cheng, and Ms. Lü Lu. According to these letters, they have voluntarily agreed to extend the lock-up period for their shares in the company (totaling 49.5041 million shares as of the announcement date, representing approximately 32.09% of the issued shares) by six months. The extended lock-up period will run from December 10, 2025, to June 10, 2026.

During the extended period, the aforementioned individuals have pledged not to engage in any restricted activities concerning their respective holdings, including selling, disposing, transferring, gifting, or pledging the shares, creating any options, rights, interests, or encumbrances, or otherwise directly or indirectly disposing of any part of the legal and/or beneficial ownership.

Their voluntary decision to extend the lock-up period demonstrates their strong confidence in the company's long-term value and growth prospects, as well as their commitment to supporting the stability and sustainable development of METALIGHT's capital market. The company remains dedicated to enhancing business performance and shareholder returns, working alongside all shareholders to drive long-term growth.

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