Key Shareholders of SHOUHUI GROUP Voluntarily Commit to Lock-Up Period

Stock News
05/20

SHOUHUI GROUP announced that, to demonstrate their respective firm confidence in the company's long-term value and future prospects, several key stakeholders have made voluntary lock-up commitments. These include: (i) Mr. Guang Yao, Executive Director, Chairman of the Board, and Chief Executive Officer; (ii) Mr. Han Liwei, Executive Director and Chief Technology Officer; (iii) Ms. Liu Li, Executive Director and Chief Product Officer; and (iv) certain entities controlled by Mr. Guang Yao, Mr. Han Liwei, and Ms. Liu Li. They have voluntarily pledged not to dispose of any company shares, directly or indirectly beneficially owned by them or their controlled entities, for a six-month period commencing May 30, 2026. Disposal includes, but is not limited to, sale or pledge. As of the date of this announcement, the total number of shares subject to the lock-up is 78,964,800, representing approximately 35.01% of the company's total issued share capital, excluding treasury shares.

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