Certain A Shares of Suzhou Xingye Materials Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 12-DEC-2019.
December 12, 2019
Share
Certain A Shares of Suzhou Xingye Materials Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 12-DEC-2019. These A Shares will be under lockup for 1106 days starting from 1-DEC-2016 to 12-DEC-2019.
Details:
The Company’s shareholders and the actual controller Wang Jinxing and Cao Lianying couple, and Wang Quanxing and Shen Genzhen couple, shareholders Wang Wenhao, Wang Jincheng, Suzhou Baowo Venture Capital Co., Ltd. Wang Wenjuan and Wang Yongxing committed: within 36 months from listing date, will not transfer nor entrust to others for management direct or indirect Company shares held prior to this IPO, nor allow the Company to repurchase the said shares.
The Company’s shareholder Suzhou Kaiye Investment Management Consulting Co., Ltd. committed: within 12 months from listing date, will not transfer nor entrust to others for management direct or indirect Company shares held prior to this IPO, nor allow the Company to repurchase the said shares.
The Company’s shareholders Suzhou High-tech Guofa Venture Capital Co., Ltd., Suzhou Zehou Growth Investment Development Center (LP), Fan Qi, Gu Zhiqiang and Zhang Bo committed: within 12 months from listing date, will not transfer nor entrust to others for management direct or indirect Company shares held prior to this IPO, nor allow the Company to repurchase the said shares.
The Company’s directors Ji Zuming and Chen Yadong, senior management members Fang Youping and Lu Jia committed: within 12 months from listing date, will not transfer nor entrust to others for management direct or indirect Company shares held prior to this IPO, nor allow the Company to repurchase the said shares.
Suzhou Xingye Materials Technology Co., Ltd. is a China-based company principally engaged in the research, development, production and distribution of functional new materials, especially foundry materials. The Companyâs products include foundry resin series, casting coating series, melting material series, as well as foundry auxiliary materials, among others. Its products are mainly applied in the fields of automobile and internal combustion engines, machine tools, power generation, cast iron pipes, construction machinery, smelting and heavy machine, rail transit, as well as ship manufacturing, among others. The Company distributes its products within domestic market and to overseas markets.
SUZHOU XINGYE MATERIALS TECHNOLOGY CO.,LTD. 
