Gelonghui, April 11, 丨 Zhiyang Innovation (688191.SH) announced that on April 11, 2024, the company received the “Notice Letter on Voluntary Commitment Not to Reduce the Company's Shares” issued by Zibo Zhiyang Holdings Co., Ltd. (hereinafter referred to as “Zhiyang Holdings”), the actual controllers Mr. Liu Guoyong, Mr. Nie Shugang, and Mr. Zhao Yanqing. The relevant information is now announced as follows:
Based on confidence in the company's future development prospects and recognition of the company's long-term value, and in order to enhance investor confidence and effectively maintain investors' rights and capital market stability, the controlling shareholder of the company, Mr. Liu Guoyong, Mr. Nie Shugang, and Mr. Zhao Yanqing, each voluntarily promised not to reduce their direct or indirect holdings of the company's shares within 6 months from the date this commitment was made (that is, from April 11, 2024 to October 10, 2024). During the above commitment period, if capital reserves are transferred to an increase in share capital, distribution of stock dividends, allotment of shares, etc., the commitment not to reduce holdings will also be complied with. If the above entities violate their promises, all of the proceeds from the reduction in their shareholding will be owned by the company.
