BLACK SESAME has received a voluntary extension of the lock-up commitment from founder Dan Jizhang
BLACK SESAME announced that founder Shan Jizhang voluntarily extended the lock-up commitment, promising not to sell 44.1 million lock-up shares from August 8, 2025, to August 7, 2026, accounting for 6.94% of the company's issued shares. This move demonstrates his confidence in the company's long-term value and future prospects
According to the announcement from Zhitong Finance APP, BLACK SESAME (02533) has informed that the company's founder, chairman of the board, executive director, and CEO Mr. Dan Jizhang has voluntarily committed not to sell his restricted shares for an additional twelve months from August 8, 2025, to August 7, 2026 (including both dates), in order to express confidence in the company's long-term value and future prospects.
The total number of restricted shares is 44.1 million shares, which accounts for 6.94% of the company's total issued shares as of the date of this announcement. The restricted shares refer to all the shares beneficially held by Mr. Dan as of the date of this announcement
