Listing lock-up period refers to the stock lock-up period set by the company before listing in order to prevent core personnel or shareholders from cashing out in advance. This period is usually 180 days, which is half a year. During this period, these locked stocks cannot be bought and sold in the market.
The lock-up period of listing is also to provide a buffer period for the company, which is convenient for the company's relevant strategic planning and management adjustment and ensures the company's sustainable development in the future.