UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.
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UBTECH Robotics Corp Ltd has announced that its Chairman and CEO, Mr. Zhou Jian, has pledged not to sell any of his 70.4 million H shares for a year starting December 29, 2024. This lock-up undertaking signifies confidence in the company’s future performance, which could reassure current and potential investors. The company emphasized that this decision will not adversely impact its operations.
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