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Qiniu Limited Executives Extend Lock-Up Period to Signal Confidence

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Qiniu Limited Executives Extend Lock-Up Period to Signal Confidence

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Qiniu Limited ( (HK:2567) ) has shared an announcement.

Qiniu Limited, incorporated in the British Virgin Islands and re-domiciled in the Cayman Islands, has announced a voluntary extension of lock-up undertakings by its Chairman and CEO, Mr. Xu Shiwei, and non-executive Director, Mr. Lyu Guihua. This move reflects their confidence in the company’s long-term value and commitment to its stable development. Mr. Xu and Mr. Lyu have agreed not to dispose of their shares or engage in transactions with similar economic effects for an additional twelve months, extending the lock-up period to October 15, 2026. Their combined holdings represent approximately 21.93% of the total issued shares, indicating significant insider confidence in the company’s future prospects.

The most recent analyst rating on (HK:2567) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Qiniu Limited stock, see the HK:2567 Stock Forecast page.

More about Qiniu Limited

Average Trading Volume: 2,653,825

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.3B

For a thorough assessment of 2567 stock, go to TipRanks’ Stock Analysis page.

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