Jiangsu Zenergy Battery Technologies Group Co., Ltd. (ZENERGY) announced that Chairperson and Executive Director Ms. Cao Fang and Executive Director and General Manager Mr. Chen Jicheng have voluntarily committed not to reduce their indirect holdings in 842.74 million shares for a 12-month period beginning 14 April 2026.

The locked-up shares—held through Changshu Zenergy Investment Co., Ltd. and Changshu SINOGY Venture Capital Co., Ltd.—comprise 593.85 million domestic unlisted shares and 248.89 million H shares.

Management cited confidence in ZENERGY’s long-term prospects, highlighting expected demand growth across new-energy vehicles, residential and commercial energy storage, utility-scale systems, low-altitude mobility, electric vessels, data centres and embodied intelligence.

The board believes the lock-up supports the company’s sustained and stable development. Shareholders and potential investors are advised to exercise caution when dealing in ZENERGY shares.