In a recent announcement, Dazhong Dental (02651) disclosed that it has received voluntary lock-up extension commitment letters from certain shareholders. These shareholders include the company's employee shareholding platforms—Wuhan Xinglin Management Consulting Partnership (Limited Partnership), Wuhan Zhulin Management Consulting Partnership (Limited Partnership), and Wuhan Taolin Management Consulting Partnership (Limited Partnership)—along with individual shareholders Ms. Li Zhen and Mr. Chen Wei.

As of the announcement date, the three employee shareholding platforms collectively hold 5.7507 million H shares, representing approximately 11.65% of the company's total issued share capital. Each of the individual shareholders, Ms. Li Zhen and Mr. Chen Wei, holds 206,800 H shares, each accounting for about 0.42% of the total issued share capital. In aggregate, these shareholders hold 6.164 million H shares, constituting approximately 12.48% of the company's total issued shares, which are subject to the lock-up arrangement.

According to the commitment letters, these shareholders have expressed full confidence in the company's future development prospects and long-term value. To help maintain stability in the company's share price, bolster capital market confidence, and protect the legitimate rights and interests of all shareholders—particularly minority shareholders—they have voluntarily committed to extending the original lock-up period for their combined 6.164 million H shares by an additional 12 months. The new lock-up period will now end on July 8, 2027, inclusive.

During this extended lock-up period, the shareholders have pledged not to reduce their holdings of the locked shares through any direct or indirect means. The company believes that this commitment from the shareholders not to sell their shares will further contribute to the sustained, stable, and healthy development of the company.