Shares of SUNMI TECH-W (06810) surged more than 6% in Hong Kong trading, last up 5.74% at HK$64.50 with turnover reaching HK$46.93 million.

In a recent development, the company announced receiving a voluntary commitment letter from cornerstone investor XINWUTANG CO., LIMITED, pledging to extend its original six-month lock-up period from the listing date by an additional five months to March 28, 2027, citing strong confidence in the company's future prospects and long-term value to support its sustained business growth and overall stability.

Concurrently, the company also received a voluntary commitment from controlling shareholder and founder Mr. Lin Zhe, who agreed to further extend his lock-up undertaking from April 28, 2027, by five months to September 28, 2027. The board believes this voluntary extension reflects Mr. Lin's confidence in the company's future outlook and long-term value.