Certain A Shares of Cashway Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 20-SEP-2020.
September 19, 2020
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Certain A Shares of Cashway Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 20-SEP-2020. These A Shares will be under lockup for 1104 days starting from 12-SEP-2017 to 20-SEP-2020.
Details:
The company’s holding shareholder Hengrong Investment Group Co., Ltd., the company’s actual controller Jiang Haoran, the company’s shareholder Wang Shuqin and Jiang Feiran promised that within 36 months after the listing date, will not transfer nor entrust to others for management direct and indirect shares held in the company prior to this issuance, nor allow the company to repurchase the said shares.
The other shareholders of the company and the directors, supervisors, management personnel who directly or indirectly own shares in the company including Wu Longyun, Wang Yajun, Wang Wei, Zhao Zaixing, Zhang Yunfeng, Qin Wei, Wen Jian, Liang Xiaogang promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct and indirect shares held in the company prior to this issuance, nor allow the company to repurchase the said shares.
Cashway Fintech Co., Ltd., formerly Cashway Technology Co., Ltd., is a China-based company principally engaged in the provision of intelligent bank solutions that are mainly focused on financial self-service equipment. The Company operates through two main segments. The Main Business segment is primarily involved in research, development and sales of cash self-service machines, non-cash self-service machines and components, as well as the provision of equipment maintaining, outsourcing, software and technology development services. The Other Business segment is primarily engaged in the sales of electric power telecommunication equipment and rental housing.