Certain A Shares of Guangdong PAK Corporation Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-MAR-2020.
March 17, 2020
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Certain A Shares of Guangdong PAK Corporation Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-MAR-2020. These A Shares will be under lockup for 1097 days starting from 16-MAR-2017 to 17-MAR-2020.
Details:
The company’s holding shareholder, actual controller Zhang Yutao, Zhang Xianqing, Lin Yan, Chen Songhui committed within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
The company’s shareholders Zhuhai Guangfa Xinde Houyuan Investment Enterprise (Limited Partnership), Wang Zhanhong, Huang Jianzhong, Huang Weijian, Liu Yanchun committed within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
Guangdong PAK Corporation Co Ltd is a company mainly engaged in research, development, production and sales of lighting fixtures. The Company's products include lighting fixtures and lighting controls, such as bulb lights, straight tube lights, downlights, fire emergency lights, switches, ventilating fans, bathroom heaters and sockets. The products are used in commercial lighting, office lighting, industrial lighting, home lighting and outdoor lighting.