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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.
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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.
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