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On Zhipu's lock-up expiration day, nearly 70% of cornerstone investors expressed long-term holding.
BlockBeats news, July 7, according to the "Securities Times" report, Hong Kong-listed Zhipu, as the lock-up period for cornerstone investors approaches, has received firm statements from multiple institutional investors expressing long-term optimism and intention to continue holding.
JSC International Investment Fund SPC stated that, based on a long-term positive outlook on the company's future development, it is willing to continue holding in the future; according to public information, the core state-owned investors behind the fund it manages include the Beijing Artificial Intelligence Industry Investment Fund, Beijing Jingneng Green Energy M&A Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Zhongguancun Science City Phase III Technology Growth Equity Investment Partnership.
Professional market-oriented investment institutions WT Asset Management and Optimas Capital Limited, as well as Zhipu's early shareholder and cornerstone investor LUSTER LightTech Co., Ltd., have also stated that they will continue to hold the company's shares, and if there are any future plans to reduce holdings, they will proceed in an orderly manner. The institutions that have made simultaneous statements collectively hold nearly 70% of the cornerstone shares subject to the lock-up expiration, covering national-level strategic capital, local government industrial guidance funds, large state-owned enterprise industrial funds, and professional market-oriented investment institutions.