The founder of Xiaoma Zhixing voluntarily extended the lock-up period by 540 days.

The chairman of the board of directors, co-founder, and CEO of the autonomous driving company Pony.ai, Peng Jun, as well as the co-founder and CTO, Lou Tiancheng, have voluntarily signed an extension of the share lock-up period agreement. According to the agreement, all shares and related securities held by the two founders will continue to be locked up for an additional 540 days from the expiration date of the company's initial public offering lock-up period. This extension of the lock-up period involves 110,800 shares of Class A common stock and 81.0888 million shares of Class B common stock, totaling approximately 22.9% of the company's total issued common stock.