Certain A Shares of Suzhou Harmontronics Automation Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 22-JUL-2022.
July 22, 2022
Share
Certain A Shares of Suzhou Harmontronics Automation Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 22-JUL-2022. These A Shares will be under lockup for 1102 days starting from 16-JUL-2019 to 22-JUL-2022.
Details:
The actual controller of the company, Cai Changwei, the enterprises controlled by the actual controller of the company, Suzhou Hanchuan Investment Management Co., Ltd., Suzhou Hanchuan Dehe Investment Management Partnership (Limited Partnership) and Suzhou Hanzhi Yuanhe Investment Management Partnership (Limited Partnership) committed not to transfer or entrust to a third party the company's shares it holds 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. After the expiry of the lock-up period, the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.
The Directors, supervisors and senior management personnel holding shares of the company Chen Xiongbin, Tang Gaozhe, Zhang Jingyao, other shareholders of the company 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. After the expiry of the lock-up period, the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.
Suzhou Harmontronics Automation Technology Co Ltd is a China-based company mainly engaged in providing overall solutions for intelligent manufacturing. The Company is principally engaged in the research and development, design, production and sales of intelligent manufacturing equipment and systems, as well as the provision of related services. The Company's main products include automotive intelligent manufacturing equipment, new energy battery intelligent manufacturing equipment, charging and swapping intelligent manufacturing equipment, medical and health intelligent manufacturing equipment, and industrial interconnection intelligent manufacturing systems. The Company is also engaged in the sale of parts and components. The Company mainly operates its businesses in the domestic and overseas markets.