UBTECH ROBOTICS CORP LTD Class H (HK:9880) has released an update.
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UBTECH Robotics Corp Ltd has announced that its Chairman and CEO, Mr. Zhou Jian, has pledged not to sell any of his 70.4 million H shares for a year starting December 29, 2024. This lock-up undertaking signifies confidence in the company’s future performance, which could reassure current and potential investors. The company emphasized that this decision will not adversely impact its operations.
For further insights into HK:9880 stock, check out TipRanks’ Stock Analysis page.
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