51WORLD (06651.HK): Li Yi Extends Lock-up Commitment to End-2030

NewTimeSpace News: On 28 October 2026, Beijing 51WORLD Digital Twin Technology Co., Ltd. (stock code: 6651) published a voluntary announcement that Li Yi, its major shareholder, chairman, executive director and chief executive officer, has voluntarily extended the lock-up on 82,627,737 H shares (about 19.70% of the issued share capital) held since before its IPO from the original expiry on 29 December 2026 to 30 December 2030.

From 30 December 2026 to 30 December 2030, Mr Li will not reduce his holding of those H shares in any manner. He also holds 19,081,808 domestic shares (about 4.55% of the issued share capital), which will not be converted into fully tradable shares before 30 December 2030.

The board said the voluntary and substantial extension reflects the founder's and management's confidence in the Company's future business expansion, technological breakthroughs and long-term investment value, allowing the Company to focus on technology development and convert its "Earth Clone" vision into sustainable long-term returns for shareholders. The announcement also noted that physical AI is driving deeper integration of artificial intelligence with the real world, and that the Company's technology, products and ecosystem built around the "Earth Clone" vision position it to capture related commercial opportunities.