Zhitong Finance App News, Weilizhibo-B (09887) announced that the company recently received a notice of commitment from Dr. Kang Xiaoqiang, the co-founder of the group, the company's chairman, executive director, CEO and general manager, regarding the voluntary extension of the ban on the direct holding of all 7,874,617 H shares. The original sales ban ended on July 24, 2026.
According to the extension promise, since Dr. Kang Xiaoqiang is still optimistic about the company's long-term growth potential, core competitiveness and industry prospects, in order to maintain the company's stock price stability and capital market confidence and the legitimate rights of the company's shareholders (especially minority shareholders), Dr. Kang Xiaoqiang has promised to extend the ban period for an additional six (6) months until January 24, 2027 (including that date). Dr. Kang Xiaoqiang will not directly or indirectly dispose of or otherwise reduce his direct holdings of such shares in any way during the relevant extended sales ban period.
The company believes that the extension promise reflects Dr. Kang Xiaoqiang's confidence in the company's future prospects and long-term value.