BLACK SESAME (02533.HK): Founder Shan Jizhang Voluntarily Extends Lock-up Undertaking to August 2027
NewTimeSpace News: Black Sesame International Holding Limited (02533.HK) announced that Mr. Shan Jizhang, Founder, Chairman and CEO, has voluntarily further extended his lock-up undertaking. He will not dispose of his 44,100,000 shares (representing approximately 6.18% of issued shares) for an additional 12 months from 8 August 2026 to 7 August 2027. This move demonstrates his firm confidence in the Group’s long-term value and its transformation strategy toward edge AI inference solution provider.
NewTimeSpace News: Black Sesame International Holding Limited (02533.HK) released a voluntary announcement on 30 July 2026 regarding the further voluntary extension of the lock-up undertaking by the Founder.
As disclosed in the announcement, following the previous voluntary extension, the lock-up undertaking made by Mr. Shan Jizhang, Founder, Chairman of the Board, Executive Director and Chief Executive Officer, in respect of the 44,100,000 shares beneficially owned by him was originally set to expire on 7 August 2026. Mr. Shan has voluntarily undertaken further that he will not dispose of the locked-up shares for an additional 12 months commencing on 8 August 2026 and ending on 7 August 2027.
The locked-up shares account for approximately 6.18% of the total issued shares of the Company (excluding treasury shares) as at the date of this announcement, and represent all of the Company’s shares beneficially owned by Mr. Shan as at the date of this announcement (excluding any interests arising from options granted to him under the pre-IPO share scheme).
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.
Tags：
