联创电子：江西国资创投承诺36个月不减持 彰显长期投资信心

Core Viewpoint - Lianchuang Electronics Technology Co., Ltd. announced a commitment from Jiangxi State-owned Venture Capital Management Co., Ltd. to lock up shares for 36 months following a specific stock issuance, reflecting confidence in the company's long-term development [1][2]. Announcement Details - The board of directors of Lianchuang Electronics held a meeting on December 24, 2025, where they approved the issuance of A-shares to specific investors, with Jiangxi State-owned Venture Capital as the subscriber [2]. - Jiangxi State-owned Venture Capital provided a special commitment regarding the lock-up period to ensure stability in the company's equity structure and the smooth implementation of the issuance [2]. Commitment Specifics - The lock-up period is set for 36 months, during which Jiangxi State-owned Venture Capital cannot transfer the shares acquired through this issuance, except for transfers between entities under the same actual controller [3]. - Any shares derived from stock dividends or capital increases during the lock-up period will also be subject to the same 36-month lock-up commitment [3]. - Jiangxi State-owned Venture Capital pledged to comply with relevant regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange for any planned share reductions after the lock-up period [3]. Market Implications - The 36-month non-reduction commitment from Jiangxi State-owned Venture Capital signals a strong long-term outlook for Lianchuang Electronics, helping to stabilize investor expectations and reduce short-term market pressure [4]. - A stable equity structure is expected to create a favorable environment for Lianchuang Electronics to focus on its core business and implement fundraising projects [4]. - The commitment from a state-owned investment institution reflects confidence in the company's governance and strategic direction, serving as a reference for other investors [4].