Certain A Shares of Nancal Energy-Saving Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-OCT-2017.
October 21, 2017
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Certain A Shares of Nancal Energy-Saving Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-OCT-2017. These A Shares will be under lockup for 373 days starting from 13-OCT-2016 to 21-OCT-2017.
Details:
The Company’s holding shareholder Zu Jun and actual controllers Zu Jun, Zhao Lan, and Yu Shengtao, and shareholders Li Peng, Ge Zengzhu, Shi Weidong, Sun Junjie, Zhu Chao, Meng Guanglei, Yang Ying, Liu Jingda, Miao Haitao, Li Zemin, Hu Bo, Mou Dan, Cui Fengquan, and Zhao Zhigang committed: to not 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 shareholders Liu Yongtao, Liu Min, Zhou He, Zhejiang Zhongke Donghai Venture Capital Partnership Enterprise (Limited Partnership), and Shanghai Hongcheng Equity Investment Partnership Enterprise (Limited Partnership) committed: to not 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.
Nancal Technology Co., Ltd. is a China-based company mainly engaged in intelligent business. The Company's main business includes intelligent manufacturing and intelligent electrical. Intelligent manufacturing business mainly provides overall solution services to manufacturing enterprises in the fields of aerospace, aerospace, weapons, high-tech electronics, etc., which can be divided into software systems and services, digital production line construction and services, and test bench construction and services. Intelligent electrical business can be divided into industrial electrical products and systems, charging power products and systems, power quality products and systems, and energy management systems. The Company operates its businesses in both domestic and overseas markets.