Certain A Shares of Yoantion Industrial Inc.,Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2022.
August 25, 2022
Share
Certain A Shares of Yoantion Industrial Inc.,Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2022. These A Shares will be under lockup for 365 days starting from 25-AUG-2021 to 25-AUG-2022.
Details:
Holding shareholder Xinchang Yuanwei Technology Co., Ltd. has committed for a lock up of 36 months for the shares directly held.
Actual controller Chen Shaojun, Zhang Xinxia has committed for a lock up of 36 months for the shares directly held. For indirect shares held through Xinchang Yuanwei Technology Co., Ltd. and Xinchang Yuanqi Investment Management Partnership Enterprise (Limited Partnership), the lock-up period is 36 months.
Enterprise under control of actual controllers Xinchang Yuanqi Investment Management Partnership Enterprise (Limited Partnership) has committed for a lock up of 36 months for the shares directly held.
Natural person shareholders Chen Xue Jun; Zhang Xuefang; Qiu Jinying; Feng Weiming have committed for a lock up of 12 months for the shares directly held. For indirect shares held through Xinchang Yuanwei Technology Co., Ltd., the lock-up period is 36 months.
Natural person shareholders have committed for a lock up of 12 months for the shares directly held.
Natural person shareholders Ding Bojun; Chen Xiaoliang; Yu Xiaokang; Liang Yongzhong, for indirect shares held through Xinchang Yuanqi Investment Management Partnership Enterprise (Limited Partnership), the lock-up period is 36 months.
Yoantion Industrial Inc Ltd, formerly Yoantion Industrial IncLtd, is a China-based company mainly engaged in the research, development, production and sales of textile related equipment such as stenter setting machine. The Company's main products and business are stenter setting machines, setting machine transformation and automatic head sewing machine. The Company's stenter setting machines of main business are mainly used for stenter setting of knitted fabrics. Through its subsidiary, the Company also involved in the research, development, production and sales of stenter setting machines mainly used for woven fabrics. The Company conducts its businesses in the domestic and overseas markets.