Xinlei Corporation: Controlling shareholder and actual controller voluntarily extend the restricted stock lock-up period.
Xinlei Corporation announced on January 15th that the company has recently received a commitment letter from its controlling shareholder Xinlei Technology, actual controller Zhong Renzhi, and Cai Haihong to voluntarily extend the lock-up period for restricted shares held by them until January 19, 2027, based on their confidence in the company's future development. As of now, Xinlei Technology, Zhong Renzhi, and Cai Haihong respectively hold 77.85 million shares, 23.8826 million shares, and 3.2567 million shares of the company.
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