Certain A Shares of Fujian Tianma Science and Technology Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-JAN-2018.
January 16, 2018
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Certain A Shares of Fujian Tianma Science and Technology Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-JAN-2018. These A Shares will be under lockup for 373 days starting from 9-JAN-2017 to 17-JAN-2018.
Details:
The Company's holding shareholder and actual controller Chen Qingtang, shareholders Chen Qingchang and Fujian Tianma Investment Development Group Co., Ltd. committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
The Company's other shareholders committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
Fujian Tianma Science and Technology Group Co Ltd is a China-based company principally engaged in the research, development, production and sales of special aquatic compound feeds. The Company's business includes special water feed business, livestock and poultry feed business, eel food business and eel breeding business. The Company mainly operates its businesses in the domestic market and overseas markets.