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Core executives of UBOX reduced their holdings? Official response: Not true! No shares have been sold since listing.
On January 13, Jinshi data reported that recently, there have been discussions about the mistaken information of the core management of UP Fintech Holding Limited (09880.HK) reducing their holdings after the lock-up period. The relevant person in charge of UP Fintech Holding Limited also responded that the core executives of the company, Zhou Jian, Xiong Youjun, and Wang Lin, have never sold any directly held shares of the company since its listing. According to the lock-up commitment, the three of them will not sell any shares in the next year, and the core management of the company always maintains confidence in the company's development. Xiong Youjun and Wang Lin joined the company when UP Fintech Holding Limited was founded in 2012, and they, along with Zhou Jian, formed the core management team members in the same year.