Certain A Shares of Sichuan Dawn Precision Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 31-MAY-2022.
May 31, 2022
Share
Certain A Shares of Sichuan Dawn Precision Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 31-MAY-2022. These A Shares will be under lockup for 1097 days starting from 30-MAY-2019 to 31-MAY-2022.
Details:
The company's controlling shareholder, actual controller Mr. Lei Yongzhi and Mr. Lei Yongqiang committed not to transfer or entrust to a third party the company's shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the Company's share listing date.
The company's shareholders Meishan Liming Equity Investment Center (Limited Partnership) and Meishan Youda Equity Investment Center (Limited Partnership) committed not to transfer or entrust to a third party the company's shares they hold directly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company's share listing date.
All the company's other shareholders apart from those mentioned above committed not to transfer or entrust to a third party the company's shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company's share listing date.
Sichuan Dawn Precision Technology Co., Ltd. is a China-based company mainly involved in research, development, design, manufacture and sales of mechanical transmission parts and related products. The Company's main products include mechanical transmission parts such as belt pulleys, taper sleeves, synchronous pulleys, expansion sleeves, sprockets, reducers, couplings and gears. Besides, the Company also provides customized mechanical parts meeting customer needs. The Company distributes its products in domestic and to overseas markets.