GUOXIA TECH Announces Voluntary Lock-Up Extension by Cornerstone Investor

Deep News
06/15

The board of GUOXIA TECH (02655) has announced that it has been informed of a voluntary commitment from its cornerstone investor. To demonstrate its firm confidence in the company's long-term value and future prospects, Huikai Hong Kong Economic Development Co., Ltd. (the Investor) has voluntarily undertaken not to dispose of (including, but not limited to, selling or pledging) any H-shares of the company beneficially, directly, or indirectly owned by it for a period of 18 months commencing from June 16, 2026.

The Investor is a wholly state-owned investment platform established by the Wuxi Huishan Economic Development Zone and served as a cornerstone investor prior to the company's H-share initial public offering. As of the date of this announcement, the total number of locked-up shares amounts to 2.699 million H-shares, representing approximately 0.68% of the total issued H-shares and about 0.52% of the company's total issued share capital (excluding treasury shares).

The company believes this extension of the lock-up period fully reflects the cornerstone investor's strong recognition of the company. Leveraging the company's technological advantages in "AI+" energy storage, its continuously expanding overseas business layout, and its positive long-term development prospects, the cornerstone investor expresses full confidence in the company's future growth.

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