XIAO NOODLES (02408.HK): Song Qi, Su Xuxiang and Huai'an Chuangtao extend lock-up to 4 December 2027

NewTimeSpace News: On 11 November 2026, Guangzhou Xiao Noodles Catering Management Co., Ltd. (02408.HK) published a voluntary announcement that its shareholders, Mr. Song Qi, Mr. Su Xuxiang and Huai'an Chuangtao Enterprise Management Partnership (Limited Partnership) ("Huai'an Chuangtao"), have voluntarily extended their lock-up period. The Company referred to its prospectus dated 27 November 2025 and its allotment results announcement dated 4 December 2025, pursuant to which the shares held by the controlling shareholder were subject to a lock-up period expiring on 4 December 2026 (the "Original Lock-up Period").

The Company was informed by Mr. Song, Mr. Su and Huai'an Chuangtao that they have voluntarily undertaken that, from the expiry date of the Original Lock-up Period until 4 December 2027, (i) Mr. Song and Mr. Su will not dispose of their respective interests in Huai'an Chuangtao in any manner; and (ii) Huai'an Chuangtao will not dispose of its shares in the Company in any manner.

As at the date of the announcement, the total number of shares held by Huai'an Chuangtao was 300,800,000 shares, representing approximately 42.33% of the total number of issued shares (including treasury shares) of the Company. The Company reminded shareholders and potential investors to exercise caution when dealing in the securities of the Company.