Guangzhou Steel Gas announced on July 22 that the company recently received a “Letter of Commitment to Voluntary Commitment Not to Reduce the Company's Shares” issued by the controlling shareholder, Guangzhou Industrial Control Emerging Industry Investment Fund Partnership. Industrial Control Emerging Investment added a voluntary commitment not to sell the company's initial public offering of restricted shares during the 36-month lockdown period after listing on August 15, 2023. The initial public offering of restricted shares held will not be reduced for 24 months after the above share lockdown period expires.

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