On June 30, Mininglamp Technology-W fell 5.78% in regular trading, trading at HK$208.6/share, with turnover of HK$9.14 million. The decline came as the market continued to price in the imminent large-scale lock-up share expiry.

The company faces its first major post-IPO lock-up expiry on July 31, involving approximately 124 million shares — roughly 85% of total share capital. Upon release, the free float is expected to surge by approximately 22 times, creating substantial potential selling pressure. The prior trading session saw the stock rebound nearly 8% on the back of its newly released edge-side GUI VLA model Mano-CUA-2.0 and broader AI sector enthusiasm. However, the overhang from the approaching unlock continued to suppress valuation, triggering concentrated profit-taking that swiftly reversed the previous day's gains, pushing the stock to a fresh near-term low.

(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.)