BRETON (01333): Certain shareholders make voluntary lock-up commitments

BRETON (01333) announced that the Company recently received lock-up commitment letters (the "Lock-up Commitments") issued by shareholders of the Company, namely Suzhou Zhongding No. 5 Equity Investment Fund Partnership (Limited Partnership), Suzhou Zhongding No. 5 Qinglan Equity Investment Fund Partnership (Limited Partnership), Guangzhou Naibixin Phase I Venture Capital Fund Partnership (Limited Partnership), Huzhou Qingyun New Journey Equity Investment Partnership (Limited Partnership), Fujian Diqquan Equity Investment Partnership (Limited Partnership), Jiaxing Dixin Equity Investment Partnership (Limited Partnership) and Zibo Naying Equity Investment Partnership (Limited Partnership) (collectively, the "Relevant Shareholders"). Pursuant to the Lock-up Commitments, up to and including 28 February 2027, the Relevant Shareholders will not, by any means, directly or indirectly, reduce their shareholdings in an aggregate of 58,909,700 H Shares of the Company, representing approximately 14.95% and 13.82% of the total number of issued H Shares and the total number of issued shares (excluding treasury shares) of the Company as at the date of this announcement, respectively. The Board believes that the Lock-up Commitments made by the Relevant Shareholders reflect their confidence in the future prospects and long-term value of the Company.