Shangmi Technology-W announced that the company received a voluntary letter of commitment from cornerstone investor XINWUTANG CO., LIMITED to extend the six-month sales ban period originally scheduled to expire on October 28, 2026 for five months until March 28, 2027. As of the announcement date, the cornerstone investor held 9.9457 million H shares, accounting for about 3.33% of all issued H shares and about 2.47% of the company's total issued share capital.

Shangmi Technology-W announced that the company received a voluntary letter of commitment from cornerstone investor XINWUTANG CO., LIMITED to extend the six-month sales ban period originally scheduled to expire on October 28, 2026 for five months until March 28, 2027. As of the announcement date, the cornerstone investor held 9.9457 million H shares, accounting for about 3.33% of all issued H shares and about 2.47% of the company's total issued share capital.