Certain A Shares of Runa Smart Equipment Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-OCT-2022.
October 20, 2022
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Certain A Shares of Runa Smart Equipment Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-OCT-2022. These A Shares will be under lockup for 366 days starting from 20-OCT-2021 to 21-OCT-2022.
Details:
Controlling shareholder, actual controller, Chairman of the Board of Directors, General Manager Yu Dayong Actual controller, director Yu Huali shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares within 36 months after the listing date. 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 shall automatically be extended for 6 months.
Shareholder, Director, Senior Manager Wang Zhaojie, Dong Junyong, Chen Zhaohui Shareholder and Director Qian Lvqiu shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares within 12 months after the listing date. 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 shall automatically be extended for 6 months.
Shareholders Ningbo Meishan Bonded Port Area Ruihanyuan Investment Management Partnership Enterprise (Limited Partnership) and Ningbo Meishan Bonded Port Area Changfeng Yingtai Investment Management Partnership Enterprise (Limited Partnership) shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares within 36 months after the listing date. 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 shall automatically be extended for 6 months.
Runa Smart Equipment Co Ltd is a China-based company mainly engaged in heating and energy saving business. The Company operates three segments. Heating and Energy-saving Product Sales segment is mainly engaged in the sales of the energy measurement and data collection equipment, energy intelligent control equipment, and book interactive analysis systems. Heating and Energy-saving System Engineering segment mainly provides intelligent heating and energy-saving equipment and smart heating overall solutions through system engineering. Heating and Energy-saving Service segment is mainly engaged in contract energy management and heating and energy-saving operations. The Company's main products include large-caliber ultrasonic heat meters, modular heat exchange units, smart balance valves, smart Internet of Things (IoT) terminals and temperature control products.
RUNA SMART EQUIPMENT CO., LTD. 
