Certain A Shares of Shenzhen Neoway Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2023.
January 23, 2023
Share
Certain A Shares of Shenzhen Neoway Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 23-JAN-2023. These A Shares will be under lockup for 1103 days starting from 16-JAN-2020 to 23-JAN-2023.
Details:
The shareholder, Liu Yadong has agreed not to dispose off any shares for 36 months from the listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.
The shareholders, Wei Qiong, Yao Fengjuan, Li Yingeng, Xiong Jie, He Jiangqiang, Huang Limin, Fang Zhixing's partnership, Shenzhen Fangzhixing Investment Co., Ltd., Shenzhen Innovation Investment Group Co., Ltd., Shenzhen Luohu Hongtu Venture Capital Co., Ltd., Ningbo Kunshi Tianli Equity Investment Partnership (Limited Partnership), Xinyu Strategy Joy Jia Investment Management Center (Limited Partnership), Ningbo Hong Fund Investment Management Center (Limited Partnership), Jiaxing Investment Management Partnership (limited), Shenzhen Nanshan Oriental Fuhai Zhongxiaowei Venture Capital Fund Partnership ( Limited Partnership), Wenzhou Yiquan Xinyuan Investment Partnership (limited), Fujian Hongqiao Equity Investment Partnership (limited), Shenzhen Wanwu Growth Equity Investment Partnership (Limited Partnership), Wu Zhize, and Ning Jinyu have agreed not to dispose off shares for 12 months from the listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.
The shareholders, Zhang Zengguo, Zhang Kaiwen, Du Guang, Xiao Yueshang, Lin Shen, Peng Yan, Tian Tongjun, and Tang Kefu have agreed not to dispose off any shares for 12 months from the listing date.
Shenzhen Neoway Technology Co., Ltd. is a China-based provider of Internet of Things (IoT) access communications products and services. The Company is mainly engaged in the research and development, production and sales of IoT wireless communication modules, IoT wireless communication terminals and IoT wireless communication solutions. The IoT wireless communication modules are the core components for connecting network of intelligent connected terminal products. It enables all types of intelligent connected terminal products to have the ability to access IoT and realize remote monitoring, control, optimization and automatic operation. The IoT wireless communication terminal products mainly include N2810 and N2860. The IoT wireless communication solutions provide customers with cloud-pipe-end combination communication-related solutions. The Company operates its businesses primarily in Mainland China.