Sangmi Technology-W (06810.HK) major shareholder voluntarily extends the lock-up period, demonstrating confidence in long-term development.

According to the Zhito Finance APP, Smartmi Technology-W (06810.HK) announced that the company has received a voluntary commitment letter from its controlling shareholder and founder, Mr. Lin Zhe, promising to extend the lock-up commitment for the company's shares by five months, from April 28, 2027, to September 28, 2027 (inclusive). During this period, he will not sell, transfer, or dispose of any of the unlisted shares he directly owns in any manner, including any changes in the number of shares due to capital reserves converting to share capital, distribution of stock dividends, or stock splits that occur within the lock-up period. For clarity, the H-shares beneficially owned by Shanghai Woyou Enterprise Management Partnership (Limited Partnership), Shanghai Woyou Enterprise Management Center (Limited Partnership), and Ningbo Woyou Investment Partnership (Limited Partnership) will not be affected by the lock-up commitment under this voluntary commitment letter.