Breton Technology Co., Ltd. – Key Shareholders Voluntarily Extend Lock-Up Period

Key Points from Latest Announcement

• Voluntary Extension of Lock-Up: The controlling shareholders and certain major pre-IPO shareholders of Breton Technology Co., Ltd. have voluntarily agreed to extend their lock-up period for an additional six months beyond the original expiry date. The original lock-up was set to end on May 6, 2026, and the new lock-up period will now extend to November 6, 2026.
• Shareholders Involved: The shareholders participating in the extension include Shanghai Fang’ao Business Consulting Partnership (Limited Partnership) (holding 84,502,397 shares), Mr. Chen Fangming (holding 31,101,004 shares), Shanghai Yunbuluo Yijin Venture Capital Center (Limited Partnership) (holding 2,370,189 shares), Mr. Qiu Debo (holding 3,091,551 shares), and Ms. Yang Hui (holding 2,576,293 shares). Each of these parties has undertaken not to dispose of any of their shares during the new lock-up period.
• Demonstrated Confidence: The company believes that this voluntary extension signals strong confidence by key shareholders in the Company’s long-term prospects and future value.
• Potential for Further Extension: The participating shareholders have indicated that they will continue to review the Company’s performance and may consider further extending the lock-up period, depending on future business developments.
• Further Announcements Possible: Any further extension of the lock-up period beyond November 6, 2026, will be subject to additional negotiations and formal agreements, with the Company committing to make further announcements as appropriate.

Potential Price-Sensitive Implications for Shareholders

• Reduced Supply Risk: The voluntary lock-up extension by major shareholders significantly reduces the risk of a large volume of shares being sold into the market immediately after the original lock-up expiry, which could otherwise have put downward pressure on the share price.
• Signal of Insider Confidence: Such a move is often interpreted as a sign of internal confidence in the company’s business outlook and may support positive investor sentiment.
• Ongoing Uncertainty: While this is a positive signal, investors should note that any further extension beyond November 6, 2026, is not guaranteed and will depend on future negotiations and business performance.
• Investor Caution Advised: The Company explicitly advises shareholders and potential investors to exercise caution when trading in the Company’s securities, as future decisions regarding the lock-up period could impact share supply and market dynamics.

Detailed Breakdown of Shareholders and Lock-Up Extension

Management and Board Composition

The announcement was made by Mr. Chen Fangming, who serves as Chairman, General Manager, and Executive Director. The current board includes a mix of executive, non-executive, and independent non-executive directors, ensuring a broad governance structure.

Conclusion

The voluntary extension of the lock-up period by key shareholders is a significant and price-sensitive development for Breton Technology Co., Ltd. It demonstrates insider confidence and may help stabilize the share price in the medium term by limiting the supply of shares available for sale. However, investors should stay alert for further announcements regarding any additional lock-up extensions or changes to shareholder intentions.

Disclaimer: This article is based on the Company’s public announcement and is intended for informational purposes only. It does not constitute investment advice. Shareholders and prospective investors should conduct their own due diligence and consult with financial advisors before making investment decisions. The Company has advised caution in trading its securities, as future developments may affect share value.

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