{Economic Information Daily News, 20th} MANYCORE TECH (00068) is currently down 13.2%, trading at HK$4.14, with approximately 13.5 million shares traded, involving a turnover of HK$57.1 million. The stock hit an intraday low of HK$4.01, a new listing low, nearly 92% lower than its peak of HK$48.5 on April 21.

　　MANYCORE TECH announced that four executive directors have voluntarily extended or established share lock-up commitments covering a total of 483.2 million shares, representing approximately 27.99% of the company's issued shares (excluding treasury shares).

　　Among them, co-founder and chairman Huang Xiaohuang holds 238 million shares through Wintermatch, accounting for about 13.79%; co-founder and CEO Chen Hang holds 170 million shares through Ineffable, about 9.85%; co-founder and CTO Zhu Hao holds 65 million shares through Peekaboo, about 3.77%. CFO Shen Bei is related to 10.2 million share options, about 0.59%.

　　The aforementioned share lock-up commitments have been extended until October 16, 2027. During this period, the relevant executive directors will not directly or indirectly sell or otherwise reduce their respective shareholdings. The company believes this move will help promote sustainable, stable, and healthy development.(nw)