Certain A shares of EIT Environmental Development Group Co.,Ltd are subject to a Lock-Up Agreement Ending on 23-JAN-2021.
January 22, 2021
Share
Certain A shares of EIT Environmental Development Group Co.,Ltd are subject to a Lock-Up Agreement Ending on 23-JAN-2021. These A shares will be under lockup for 367 days starting from 22-JAN-2020 to 23-JAN-2021.
Details:
The Company’s controlling shareholder Tibet Tianzhirun Investment Management Co., Ltd., actual controllers namely, Zhou Ping and Zhou Mengchen, shareholder Shenzhen Xinhongtai Investment Management Co., Ltd., and directors Zhou Cong, Zhou Ming (brothers of actual controller Zhou Ping), committed to not 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.
Company’s shareholders Shenzhen Xinzhuotai Investment Management Co., Ltd., Jiaxing Yulong Jiuding Investment Partnership Enterprise (Limited Partnership), Tianjin Haili Fangzhou Investment Management Co., Ltd., Hangzhou Chenghe Equity Investment Fund Partnership Enterprise (Limited Partnership), Anqing Tong’an Industry Zhaoshang Investment Fund (Limited Partnership) and company’s director and senior management Wang Dongyan, supervisors Chen Qiang, Wang Yunfu, Li Guogang, senior management Zhang Xiangqian, Bao Jiangyong committed to not 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.
EIT Environmental Development Group Co., Ltd is a China-based company mainly involved in the provision of integrated environmental sanitation management services such as property cleaning and municipal sanitation. The property cleaning services include cleaning services, external wall cleaning services, pest control and other integrated environmental sanitation management services for public areas of buildings such as office buildings, residential quarters, commercial complexes and public transportation hubs. The municipal sanitation services include sanitation facilities operation management services, such as garbage cleaning, collection, garbage removal and transportation, green belt maintenance, public toilets and garbage transfer stations, city appearance management, garbage classification and environmental protection services for major events. The Company conducts its businesses in Mainland China.