Certain A Shares of Ningbo Heli Mould Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 4-DEC-2020.
December 03, 2020
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Certain A Shares of Ningbo Heli Mould Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 4-DEC-2020. These A Shares will be under lockup for 1106 days starting from 24-NOV-2017 to 4-DEC-2020.
Details:
The company's holding shareholders and actual controllers Shi Liangcai, Shi Yuanzhi, Shi Dingwei, Fan Kaishu, Fan Kaiyuan, He Chaoyang, and Cai Zhenxian committed that 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 Yang Weiben, Shenzhen Shengqiao Chuangxin Investment Partnership Enterprise (Limited Partnership), Shanghai Qifeng Shengyuan Investment Management Center (Limited Partnership), Cao Yu, Shenzhen Chuangrun Investment Partnership Enterprise (Limited Partnership), and Yu Feng committed that 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.
Ningbo Heli Technology Co Ltd is a China-based company engaged in the research and development, design, manufacturing and sales of automotive casting molds, die-casting molds, hot stamping molds, aluminum alloy parts and automotive brake systems. The Company's main products are large precision molds including automotive engine molds, gearbox housing molds, new energy vehicle battery box molds, motor molds, hot stamping molds including automotive door rings, A-pillars, B-pillars, anti-collision beams, bumpers and lightweight aluminum alloy parts including automotive engine cylinder heads, automotive engine brackets, automotive flywheel housings, automotive power steering housings, rail transit gearbox housings and commercial vehicle brake assembly systems.