---
title: "Sineng's controlling shareholder and concerted parties commit to not reducing their holdings and locking shares during a specific period"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/258466528.md"
description: "Sineng's controlling shareholder's concerted action party, Shuo Hong Investment, has committed not to reduce its holdings of the company's stock during a specific period. This commitment covers the six months prior to the issuance pricing benchmark date and the six months after the issuance is completed. If the commitment is violated, the proceeds will belong to the company. In addition, if Wu Qiang's shareholding ratio increases, he will not transfer his shares within 18 months from the end of the issuance, and the related increased shares will also comply with the lock-up agreement"
datetime: "2025-09-23T07:10:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258466528.md)
  - [en](https://longbridge.com/en/news/258466528.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258466528.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/258466528.md) | [繁體中文](https://longbridge.com/zh-HK/news/258466528.md)


# Sineng's controlling shareholder and concerted parties commit to not reducing their holdings and locking shares during a specific period

On September 23, 2025, Sineng announced that the company intends to issue A-shares to specific targets, with the subscription target being Wu Qiang's concerted actor, Shuo Hong Investment, and its partners providing a "Letter of Commitment." Shuo Hong Investment commits not to reduce its holdings of the company's stocks or stocks generated from related equity distributions in any form from six months prior to the pricing benchmark date of this issuance to six months after the issuance is completed. If this commitment is violated, the profits will belong to the company, and they will bear responsibility. In addition, Shuo Hong Investment/Wu Chao and Duan Yuhe commit that if this subscription results in an increase in Wu Qiang's shareholding ratio, they will not transfer the company shares held before the issuance for 18 months from the end of the issuance, and the related increased shares will also comply with the lock-up agreement, executing according to the latest policies in case of policy adjustments

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