LZ Technology Holdings Limited Extends Lock-Up Period for Principal Shareholders

LZ Technology Holdings Limited, a leading provider of information technology and advertising services, has announced that its principal shareholders have agreed to extend their lock-up restrictions until August 31, 2026. This move follows the initial 180-day lock-up period established in connection with the Company's initial public offering in February 2025. The principal shareholders, who collectively hold approximately 100% of the Company's issued and outstanding Class A ordinary shares and 96.19% of the Class B ordinary shares, are prohibited from selling, transferring, or disposing of the Company's ordinary shares without prior written consent until August 31, 2026.

This lock-up extension reflects the continued confidence and support of the Company's founder and core investor base as LZMH executes on its strategic initiatives and pursues further growth across key markets. "We are grateful to our early investors for their ongoing support and shared commitment to the long-term success of LZMH," said Runzhe Zhang, CEO of LZMH. "This extension provides a strong foundation as we continue to expand our operations and deliver value to shareholders."

Key Takeaways:

• The principal shareholders of LZ Technology Holdings Limited, including LZ Digital Technology Holdings Co., Ltd, BJ Tojoy Shared Enterprise Consulting Ltd, Vanshion Investment Group Limited, Youder Investment Group Limited, and Kim Full Investment Company Limited, have extended their lock-up restrictions until August 31, 2026.
• The lock-up period was originally set for 180 days following the Company's initial public offering in February 2025.
• The shareholders collectively hold approximately 100% of the Company's issued and outstanding Class A ordinary shares and 96.19% of the Class B ordinary shares.
• The lock-up extension reflects the continued confidence and support of the Company's founder and core investor base as LZMH executes on its strategic initiatives.

Statistics:

• 100%: Share of issued and outstanding Class A ordinary shares held by the principal shareholders.
• 96.19%: Share of issued and outstanding Class B ordinary shares held by the principal shareholders.
• 180 days: Original lock-up period established following the Company's initial public offering.
• August 31, 2026: Extended lock-up period for the principal shareholders.
• 5: Number of principal shareholders who have agreed to the lock-up extension.

Sources:

• GlobeNewswire (MIL-OSI) - "LZ Technology Holdings Limited Announces Extension of Lock-up Period for Principal Shareholders"
• LZ Technology Holdings Limited - "Press Release: Extension of Lock-up Period"