Certain A Shares of Anhui Zhongyuan New Materials Co., Ltd. are subject to a Lock-Up Agreement Ending on 7-SEP-2020.
September 07, 2020
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Certain A Shares of Anhui Zhongyuan New Materials Co., Ltd. are subject to a Lock-Up Agreement Ending on 7-SEP-2020. These A Shares will be under lockup for 1106 days starting from 28-AUG-2017 to 7-SEP-2020.
Details:
The Company’s controlling shareholder and the actual controller Feng Quanhu, the company’s actual controller Zhou Li and the company’s director Li Mingjun committed that within 36 months from the listing date, September 07, 2017 will not transfer nor entrust to others for the management of the company’s shares held prior to this IPO, nor allow the company to repurchase the said shares.
The company’s shareholders who are the directors or senior management members of the Company including Wu Ping, Ruan Jiyou, He Xiaohai, Tao Junbing, Tao Changmei, Wang Cheng and Xi Haibo, the company’s shareholder Wu Dan and the company’s other shareholders committed that within 12 months from the listing date, will not transfer nor entrust to others for the management of the company’s shares held prior to this IPO, nor allow the company to repurchase the said shares.
Anhui Zhongyuan New Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of copper strips and foils. The Company's products mainly include copper strips and rolled copper foils. The Company's products are widely used in transformers, power cables, communication cables, radiators, heat exchangers, electronic appliances, new energy and other fields. The Company is also engaged in other businesses such as coatings, automobile battery tray production and trading.