According to Zhitong Finance App, Shuangdeng Co., Ltd. (06960.HK) issued an announcement. Shares held by shareholders (including their controlling shareholders) before the initial public sale of the company concerned are subject to a ban period. The ban period will expire on August 25, 2026 (original ban period). Recently, the company received notices from a number of pre-initial public offering shareholders (including its controlling shareholders). According to this, each of them has promised not to reduce their respective holdings of certain company shares in any way for 12 months from the date the original ban expires.

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