Certain A Shares of Wuhan Huakang Century Medical Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-JAN-2023.
January 29, 2023
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Certain A Shares of Wuhan Huakang Century Medical Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-JAN-2023. These A Shares will be under lockup for 373 days starting from 21-JAN-2022 to 29-JAN-2023.
Details:
The company's actual controller Tan Pingtao promised within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
One of the company's actual controllers Hu Xiaoyan, Shareholder Wuhan Kanghui Investment Management Center (Limited Partnership) promised within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.
Shareholder Wang Changying promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
Shareholders Shanghai Fuxing Chuanghong Equity Investment Fund Partnership Enterprise (Limited Partnership), Sunshine Life Insurance Corporation Limited, Shenzhen Dachen Chuangfeng Equity Investment Enterprise (Limited Partnership), Chongqing Jinpu Medical and Health Service Industry Equity Investment Fund Partnership Enterprise (Limited Partnership), Shareholder Chen Yan promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
Wuhan Huakang Century Medical Co Ltd is a China-based company providing comprehensive services of modern medical purification system. The Company's main products and service categories include medical purification system integration, medical equipment sales, medical consumables sales and operation and maintenance services of medical purification system. The medical purification system integration business is engaged in plane layout planning and design. The medical equipment sales business is mainly engaged in the sales of purchased medical equipment products. The medical consumables sales business is mainly engaged in the distribution of low value consumables, high value consumables and in vitro diagnostic reagents. The operation and maintenance services of medical purification system mainly include the repair, maintenance, upgrading and transformation of medical purification equipment, disinfection and sterilization of air conditioning system and others.