Certain Shareholders of Joy Spreader Extend Lock-up Undertakings for 15 months to Demonstrate Their Confidence in the Long-term Development Prospect of the Company

HONG KONG, Mar 23, 2021 - (ACN Newswire via SEAPRWire.com) - On March 23, Joy Spreader Technology. Ltd (HK: 06988) listed on the Hong Kong Stock Exchange announced that the Company has recently received undertaking letters from certain shareholders holding approximately 69.16% of the shares in aggregate, including the controlling shareholders of the Company. In view of their confidence in the long-term development prospect of the Company, the above shareholders voluntarily undertook that without the prior written consent of the Company, they will not dispose (including but not limited to sell or pledge) the shares of the Company beneficially, directly or indirectly, owned by them or their controlled entities for a period of 15 months from the date of the Undertaking Letters in accordance with the terms of the Undertaking Letters.The announcement shows that those shareholders who have voluntarily given the lock-up undertakings include:(1)ZZN. Ltd., ZZD. Ltd. and Laurence mate. Ltd., being the controlling shareholders of the company, of which ZZN. Ltd. and ZZD. Ltd. are wholly owned by Mr. Zhu Zinan and Mr. Zhang Zhidi, respectively. Laurence mate. Ltd. is owned as to 90% by Mr. Zhu ...