628,530,884 A Shares of China Galaxy Securities Co., Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2018.
January 23, 2018
Share
628,530,884 A Shares of China Galaxy Securities Co., Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2018. These A Shares will be under lockup for 375 days starting from 13-JAN-2017 to 23-JAN-2018.
Details:
The Company's actual controller Central Huijin Investment Ltd. and holding shareholder China Galaxy Financial Holdings Company Limited committed not to transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
The Company's 33 corporate shareholders and 3 individual shareholders committed not to transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
China Galaxy Securities Co., Ltd. is an investment holding company mainly engaged in the securities brokerage business. Along with subsidiaries, the Company operates its business through eight segments: the Securities Brokerage segment, the Proprietary Trading and Other Securities Trading Services segment, the Investment Banking segment, the Asset Management segment, the Futures Brokerage segment, the Overseas Business segment, the Private Equity Investment segment, and Others segment. The Securities Brokerage segment provides securities dealing and broking, margin financing and securities lending. The Proprietary Trading and Other Securities Trading Services segment is engaged in trading of equities, bonds, funds, derivatives and other financial products. The Investment Banking segment provides corporate finance services and financial advisory services. The Asset Management segment provides portfolio management, investment advisory and transaction execution services.