Certain A Shares of Lafang China Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-MAR-2020.
March 13, 2020
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Certain A Shares of Lafang China Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-MAR-2020. These A Shares will be under lockup for 1106 days starting from 3-MAR-2017 to 13-MAR-2020.
Details:
The company's actual controllers Wu Guiqian, Wu Binhua, and Laurena Wu, shareholders Wider Huge Group Limited, Australia Wanda Internal Company Limited, Shenzhen Shenghao Kaiyuan Investment Enterprise (Limited Partnership), and Baile Guangdong Investment Co., Ltd. committed for a lock up period of 36 months from the listing date.
The Company's other shareholders committed towards a lock up period of 12 months from the listing date.
LAFANG CHINA CO., LTD. is principally engaged in research and development, manufacture and sales of household and personal care chemical products. The Company's main products include shampoo, conditioner, body wash, toilet soaps and creams. The Company owns several brands such as Lafang, Yujie, Binchun, Meiduosi and Shengfeng, among others.