Certain A Shares of Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd are subject to a Lock-Up Agreement Ending on 21-OCT-2023.
October 20, 2023
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Certain A Shares of Jiangsu Rijiu Optoelectronics Jointstock Co., Ltd are subject to a Lock-Up Agreement Ending on 21-OCT-2023. These A Shares will be under lockup for 1101 days starting from 15-OCT-2020 to 21-OCT-2023.
Details:
The Company?s holding shareholders and actual controllers Chen Chao and Chen Xiaoli and shareholder Kunshan Xingri Investment Management Center (Limited Partnership) committed that they will 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. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.
The Company?s shareholders Wu Weiguo and Chuangying Tianxia (Ningxia) Fund Management Partnership Enterprise (Limited Partnership) committed that they will 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 directors and senior management who are shareholders Lv Jingbo, Zhao Rui, Xu Yijia, and Zhang Yong committed that they will 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. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.
The Company?s shareholders Shenzhen Zhuowen Shangde Venture Capital Enterprise (Limited Partnership) and Haining Hairui Industrial Investment Partnership Enterprise (Limited Partnership), supervisors who are shareholders Zhou Feng and Ren Guowei, and the other shareholders committed that they will 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.
Jiangsu Rijiu Optoelectronics Jointstock Co Ltd is a China-based company that is mainly engaged in the research and development (R&D), production and sales of flexible optical conductive materials, and customized R&D and processing services of related functional films. The Company's main products are indium tin oxides (ITO) conductive film, optical decorative film and others, such as coating and coating products, index matching (IM) anti-shading film, dimming film, copper film and others. Its products are used in various touch-sensitive human-computer interaction terminal scenarios, including consumer electronics, commercial display, industrial control, office, education and other scenarios. The Company conducts its businesses within the China market and to overseas markets.