On Zhipu's lock-up expiration date, nearly 70% of cornerstone investors stated they would hold long-term.

ME News: On July 7 (UTC+8), as the lock-up window for cornerstone investors in Hong Kong-listed Zhipu approaches, multiple institutional investors have issued clear statements saying they remain optimistic about the company in the long term and will continue to hold the shares.

JSC International Investment Fund SPC stated that, based on its long-term positive outlook on the company’s future development, it is willing to continue holding. According to publicly available information, the core state-owned investors behind the funds it manages include the Beijing Artificial Intelligence Industry Investment Fund, the Beijing Jingneng Green Energy M&A Investment Fund, the Beijing Information Industry Development Investment Fund, and the 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 successively stated that they will continue to hold the company’s shares. If there are any future plans to reduce holdings, they will be carried out in an orderly manner.

Collectively, the institutions that made these simultaneous statements hold nearly 70% of the number of cornerstone shares subject to this lock-up release, covering national-level strategic capital, local government industrial guidance funds, large state-owned enterprise industrial funds, and professional market-oriented investment institutions. (Source: BlockBeats)