Certain A Shares of Asiainfo Security Technologies Co.,Ltd. are subject to a Lock-Up Agreement Ending on 9-FEB-2023.
February 08, 2023
Share
Certain A Shares of Asiainfo Security Technologies Co.,Ltd. are subject to a Lock-Up Agreement Ending on 9-FEB-2023. These A Shares will be under lockup for 379 days starting from 26-JAN-2022 to 9-FEB-2023.
Details:
The actual controller Tian Suning, Controlling shareholder AsiaInfo (Nanjing) Enterprise Management Co., Ltd., and acting in concert Nanjing AsiaInfo Enterprise Management Center (Limited Partnership), Tianjin AsiaInfo Economic Information Consulting Co., Ltd., Beijing AsiaInfo Sunac Consulting Center (Limited Partnership) and Tianjin AsiaInfo Heng Consulting Service Partnership (Limited Partnership) promised within thirty-six months from the date of listing of the issuer's shares, shall not transfer or entrust others to manage the issued shares of the issuer directly or indirectly held by the issuer, nor shall the issuer repurchase the shares.
Other shareholders holding more than 5% of the shares of Advanced Manufacturing Industry Investment Fund (Limited Partnership) promised within thirty-six months from the date when the issuer's shares were acquired by the company (July 29, 2020) and twelve months from the date when the issuer's shares were listed (whichever is later), the company will not transfer or Entrust others to manage the issuer's issued shares before the company's initial public offering.
All other shareholders, issuer's directors, supervisors and senior management, issuer's core technical staff committed within 12 months from the date of listing of the issuer's shares, shall not transfer or entrust others to manage the issued shares of the issuer directly or indirectly held by the issuer, nor shall the issuer repurchase the shares.
Asiainfo Security Technologies Co Ltd is a China-based company mainly engaged in national network security software publishing. The Company's product system mainly includes digital trust and identity security product system, endpoint security product system, cloud network edge security product system and network security service system. The Company also engages in businesses related to cloud network virtualization basic software product system. The Company's products and services are used in key information infrastructure industries such as telecom operators, finance, government, manufacturing, healthcare, energy, and transportation.