Certain A Shares of Jushri Technologies, Inc are subject to a Lock-Up Agreement Ending on 14-MAR-2022.
March 14, 2022
Share
Certain A Shares of Jushri Technologies, Inc are subject to a Lock-Up Agreement Ending on 14-MAR-2022. These A Shares will be under lockup for 1097 days starting from 13-MAR-2019 to 14-MAR-2022.
Details:
Shanghai Shuangyou Information Technology Co., Ltd, Shanghai Leading Investment Management Co., Ltd., Zhongjin Jiaxun (Tianjin) Investment Center (Limited Partnership), Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences and shareholders of the Companys major shareholder Shanghai Shuangyou Information Technology Co., Ltd. namely Bu Zhiyong, Hu Shiping, Lu Ben, Zhao Yu, Gu Xiaohua, Shanghai Hanli Management Advisory Partnership Enterprise (Limited Partnership), Shanghai Xiuge Management Advisory Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Companys shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Companys share listing date.
The Companys other direct shareholders committed to not transfer or entrust to a third party the Companys shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Companys share listing date.
Jushri Technologies, Inc is a China-based company mainly engaged in the manufacture of military broadband mobile communication equipments. The Company is mainly engaged in research and development, manufacturing and sales of broadband mobile communication systems and military tactical communication equipment service business, engineering implementation and the provision of broadband mobile communication system solution business. The broadband mobile communication equipment business mainly includes the manufacture and sales of various types of base stations, terminals, accessories and other hardware equipment and supporting software. The Company's business also includes technology development services business and integration business. The Company mainly conducts its businesses in domestic market.