Movement Alert|51WORLD Intraday Rise 5.06% in Regular Trading, chairman extends share lock-up commitment to 2030

Market Focus09:45

On October 30, 51WORLD recorded an Intraday Rise of 5.06% in Regular Trading, trading at HK$57.1, with turnover of HK$97.86 million.

The recent catalyst in public disclosures is the company’s announcement that chairman, executive director and chief executive Li Yi voluntarily extended the lock-up on 82,627,737 H shares, equal to about 19.70% of issued share capital, from the original expiry in late December to December 30, 2030.

Company filings also stated that Li Yi holds 19,081,808 domestic shares and committed not to convert them into fully tradable shares before December 30, 2030. The board said the move reflects the founder and management team’s confidence in future business expansion, technology breakthroughs and long-term investment value. Separately, subsidiary 51Sim was recently included in NVIDIA’s Halos SAFE ecosystem, as the only Chinese company on the list, adding to market attention on its physical AI infrastructure positioning.

(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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