XUNFEIHEALTH (02506): Shareholders Voluntarily Extend Lock-up Period, Showing Strong Confidence in Company's Future Prospects

Stock News
2025/12/29

XUNFEIHEALTH (02506) has issued an announcement stating that it recently received notifications from the following shareholders: (1) iFlytek Co., Ltd. ("iFlytek"), which, as of the date of this announcement, holds 29,869,072 unlisted shares and 29,869,073 H-shares of the company; (2) Anhui Kexun Venture Capital Fund Partnership (Limited Partnership) ("Kexun Venture Capital"), holding 17,448,567 H-shares as of the announcement date; (3) Mr. Zhao Zhiwei, who holds partnership interests in the company's employee shareholding platforms Hefei Zhengsheng Information Technology Partnership (Limited Partnership) ("Hefei Zhengsheng") and Nanjing Zhengyang Information Technology Partnership (Limited Partnership) ("Nanjing Zhengyang"), with such interests corresponding to 1,577,313 unlisted shares and 1,577,313 H-shares of the company as of the announcement date; (4) Dr. Tao Xiaodong, holding partnership interests in Hefei Zhengsheng and Nanjing Zhengyang, which correspond to 1,542,261 unlisted shares and 1,542,261 H-shares of the company as of the announcement date; (5) Mr. Lu Xiaoliang, with partnership interests in Hefei Zhengsheng, Nanjing Zhengyang, and Nanjing Zhenghui Information Technology Partnership (Limited Partnership), corresponding to 1,347,531 unlisted shares and 1,347,531 H-shares of the company as of the announcement date; (6) Mr. Yin Dahai, holding partnership interests in Nanjing Zhengyang, which correspond to 486,825 unlisted shares and 486,825 H-shares of the company as of the announcement date; (7) Mr. Ji Lin, with partnership interests in Nanjing Zhengyang, corresponding to 292,095 unlisted shares and 292,095 H-shares of the company as of the announcement date; and (8) Mr. Chen Zuji, holding partnership interests in Nanjing Zhengyang, which correspond to 194,730 unlisted shares and 194,730 H-shares of the company as of the announcement date. All the aforementioned shareholders have undertaken not to reduce their holdings of the company's H-shares or unlisted shares in any way from the expiration date of the original lock-up period until December 29, 2026 (inclusive) (the "lock-up period extension"). As of the date of this announcement, the aforementioned shareholders collectively hold 52.7584 million H-shares of the company, accounting for 68.25% of the company's total H-share capital; and collectively hold 88.0682 million shares of the company, representing 72.86% of the company's total share capital. The company believes that the extension of the lock-up period demonstrates the aforementioned shareholders' full confidence in the company's future prospects. These shareholders will also continue to review the company's performance and may consider further extending the lock-up period based on the company's business development.

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