---
title: "REFIRE Chairman Lin Qi Locks Up Entire H-Share Holding Until 2028"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293187658.md"
description: "Shanghai REFIRE Group Ltd. (HK:2570) announced that Chairman Lin Qi has voluntarily locked up his entire holding of 11,834,272 H-shares until March 31, 2028. This commitment aims to demonstrate confidence in the company's long-term prospects and support stable development. The stock currently holds a 'Buy' rating with an HK$80.00 price target, despite a 'Sell' technical sentiment signal."
datetime: "2026-07-20T08:42:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293187658.md)
  - [en](https://longbridge.com/en/news/293187658.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293187658.md)
generator: "portal-rs"
---

# REFIRE Chairman Lin Qi Locks Up Entire H-Share Holding Until 2028

The latest update is out from Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ).

Shanghai REFIRE Group Limited, a PRC-incorporated joint stock company listed in Hong Kong, operates in the industrial and technology sphere and is led by a board that includes executive, non-executive and independent directors. The group focuses on long-term, stable development and leverages its Hong Kong listing to strengthen its market presence and access to international investors.

In a show of confidence in the group’s long-term prospects, chairman and chief executive officer Lin Qi has voluntarily committed not to sell, pledge or dispose of his 11,834,272 H shares, representing all his directly owned shares, until March 31, 2028. The lock-up is intended to support continuous, stable development and may reassure shareholders, though investors are still advised to exercise caution when trading the company’s securities.

The most recent analyst rating on (HK:2570) stock is a Buy  
 with a HK$80.00 price target.  
 To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock,  
 see the HK:2570 Stock Forecast page. 

**More about Shanghai REFIRE Group Ltd. Class H**

Shanghai REFIRE Group Limited is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 2570. The group operates in the industrial and technology sector, with a board comprising executive, non-executive and independent non-executive directors, and is focused on long-term, stable development in its markets.

The company’s leadership structure, headed by chairman and chief executive officer Lin Qi, underscores a governance framework aimed at supporting sustained growth. Its presence on the Hong Kong Stock Exchange positions REFIRE to access international capital while serving stakeholders in both domestic and global markets.

**Average Trading Volume:** 652,598

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$1.85B

For a thorough assessment of 2570 stock, go to TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**