REFIRE (02570.HK): Chairman Lin Qi Undertakes Voluntary Lock-Up of H Shares Until March 2028

NewTimeSpace News: REFIRE (02570.HK) announced that Lin Qi, Chairman, Executive Director and CEO, has signed a voluntary lock-up undertaking. He will not sell, pledge or otherwise dispose of all 11,834,272 H Shares held directly by him from the date of this announcement up to 31 March 2028, which account for 100% of his direct shareholdings in the Company.

NewTimeSpace News: On 20 July 2026, REFIRE (02570.HK) issued a voluntary announcement. Lin Qi, Chairman of the Board, Executive Director and Chief Executive Officer of the Company, is fully confident in the long-term value and prospects of the Group and has executed a voluntary undertaking. During the period commencing on the date of this announcement and ending on 31 March 2028 (both dates inclusive), he shall not sell, pledge or otherwise dispose of the 11,834,272 H Shares of the Company beneficially owned directly by him. Such H Shares represent all shares of the Company held directly by Mr. Lin as at the date of this announcement.

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