LZ Technology Holdings Limited Announces Lock-Up Extension by Principal Shareholders

HUZHOU CITY, China, Aug. 13, 2025 (GLOBE NEWSWIRE) -- LZ Technology Holdings Limited (NASDAQ:LZMH) ("LZMH" or the "Company"), a leading provider of information technology and advertising services, today announced that all of its principal shareholders have entered into agreements with the Company to extend their lock-up restrictions until August 31, 2026. This extension follows the original 180-day lock-up period established in connection with the Company's initial public offering completed in February 2025.

The principal shareholders participating in the extension include LZ Digital Technology Holdings Co., Ltd, BJ Tojoy Shared Enterprise Consulting Ltd, Vanshion Investment Group Limited, Youder Investment Group Limited and Kim Full Investment Company Limited. Collectively, these shareholders hold approximately 100% of the Company's issued and outstanding Class A ordinary shares and 96.19% of the Company's issued and outstanding Class B ordinary shares. Pursuant to the terms of the lock-up agreements, these shareholders are prohibited from, directly or indirectly, selling, transferring or otherwise disposing of the Company's ordinary shares, or any securities exercisable for, exchangeable, or convertible into ordinary shares, without the Company's prior written consent, until ...