Certain A Shares of Shandong Taihe Water Treatment Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-NOV-2022.
November 28, 2022
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Certain A Shares of Shandong Taihe Water Treatment Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-NOV-2022. These A Shares will be under lockup for 1098 days starting from 27-NOV-2019 to 29-NOV-2022.
Details:
The company's holding shareholder, actual controller Cheng Zhongfa, shareholder Zaozhuang Hesheng Investment Management Center (Limited Partnership), Cheng Xia, Li Jingjuan, Cheng Cheng promised Within 36 months after the listing date, they will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
The company's shareholders Shanghai Fuxing Chuanghong Equity Investment Fund Partnership Enterprise (Limited Partnership)?Wang Jiageng, Yao Ya, Wan Zhentao, Zhou Lei, Xing Shiping, Wang Changying, Bao Yancheng promised Within 12 months after the listing date, they will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
The company's holding shareholder, actual controller Cheng Zhongfa, directors and management personnel owning shares in the company including Wang Changying, Yao Ya, Wan Zhentao, Zhou Lei, Cheng Xia, Wang Jiageng promised 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.
Shandong Taihe Technologies Co Ltd, formerly Shandong Taihe Water Treatment Technologies Co., Ltd., is a China-based company mainly engaged in the research and development, production and sales of water treatment agents. The Company's main products include water treatment agents and co-products, including scale inhibitors, corrosion inhibitors, biocides & algicides, chelating agents, dispersing agents, reverse osmosis agents, detergent auxiliaries and others. The Company conducts its businesses within the domestic market and to overseas markets.