Genesis Unlocking Day Sees Nearly 70% of Genesis Investors Commit to Long-Term Holding

BlockBeats News, July 7th, according to Securities Times, as the lock-up period for cornerstone investors of Hong Kong-listed Smart Vision approaches, several institutional investors have clearly stated that they are optimistic about the long-term prospects and will continue to hold.

JSC International Investment Fund SPC stated that, based on their long-term optimism about the company's future development, they are willing to continue to hold in the future; according to public information, the core state-owned asset investors behind the funds they manage include the Beijing AI Industry Investment Fund, Beijing Jingneng Green Energy Acquisition Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Zhongguancun Science City Phase III Technology Growth Equity Investment Partnership.

Professional market-oriented investment institutions WT Asset Management and Optimas Capital Limited, as well as Smart Vision's early shareholders and cornerstone investor Lingyun Lightech Company Limited, have also stated that they will continue to hold the company's stock, and if there are any future reduction plans, they will proceed in an orderly manner. The institutions collectively expressing their commitment this time hold nearly 70% of the cornerstone shares to be unlocked this time, covering national strategic capital, local government industry guidance funds, large state-owned enterprise industry funds, and market-oriented professional investment institutions.