Shanghai Aunt (02589): Shareholders voluntarily extend the sales ban

According to the Zhitong Finance App, Shanghai Aunt (02589) issued an announcement that shares held by all shareholders prior to the initial public sale, including the controlling shareholder of the company, are subject to a ban period. The ban period expires on May 7, 2026. Suzhou Yizhong Venture Capital Partnership (limited partnership) (holding 7,949,909 shares of the company), Suzhou Xiangzhong Venture Capital Partnership (holding 1,140,004 shares), Nanjing Xiangzhong Venture Capital Partnership (holding 285,001 shares), Zhuhai Jinyiming Equity Investment Fund Partnership (limited partnership) (holding 2,850,001 shares), Guangzhou Luhan Venture Capital Partnership (holding 1,000,000 shares), Guangzhou Luhan Venture Capital Partnership (holding 1,000,000 shares) Ltd. (holding 500,000 shares) (collectively, “such shareholders”) promise not to reduce their holdings of the company in any way from the date the original ban expires until August 7, 2026 (inclusive) (the “first ban period extension”).

Recently, the company received separate voluntary letters of commitment from these shareholders to the company. Based on their high recognition of the company's own comprehensive management strength, mature operating system and core management team, and continuing to be optimistic about the long-term development potential and corporate growth space of the company's consumer circuit, these shareholders voluntarily promised the company that from the date the first ban extension expires (that is, August 7, 2026) to November 7, 2026 (including the same day), the number of shares (if any) they each reduced their holdings during the above period will not exceed the following number of shares: Suzhou Yizhong Venture Capital Partnership (limited partnership) (no more than 1,987,477 shares), Suzhou Zhongxiang Chuangye Investment partnership (limited partnership) (no more than 285,001 shares), Nanjing Xiangzhong Venture Capital Partnership (limited partnership) (no more than 71,250 shares), Zhuhai Jin Yiming Equity Investment Fund Partnership (limited partnership) (no more than 940,500 shares), Guangzhou Han Sulu Venture Capital Partnership (limited partnership) (no more than 250,000 shares), and Shanghai Yibu Enterprise Management Co., Ltd. (no more than 150,000 shares). According to this, the total number of shares that these shareholders can reduce their holdings during the above period did not exceed 3,684,228 shares, accounting for about 3.50% of the total number of shares issued by the company on the announcement date.

For the avoidance of doubt, Shanghai Puhai Enterprise Management Co., Ltd. (holding 47,090,996 shares), Shanghai Senrui Enterprise Management Partnership (holding 18,293,400 shares), Shanghai Yuchao Enterprise Management Partnership (holding 17,210,725 shares), Shanghai Yuyi Enterprise Management Partnership (limited partnership) (holding 1,449,978 shares) and Shanghai Yuyi Enterprise Management Partnership (holding 1,449,978 shares) have all been prohibited from their original commitments The date the sales period expires Their company shares will not be reduced in any way until November 7, 2026 (including that date), and the relevant commitments remain unchanged.

The company believes that the extended sales ban shows that these shareholders are confident in the company's future prospects and long-term value. These shareholders will continue to pay attention to the company's operating performance. In the future, they will comprehensively consider the company's business development and overall capital market performance, and carry out share reduction operations as appropriate.