Certain A Shares of Yindu Kitchen Equipment Co.,Ltd. are subject to a Lock-Up Agreement Ending on 11-SEP-2020.
September 10, 2020
Share
Certain A Shares of Yindu Kitchen Equipment Co.,Ltd. are subject to a Lock-Up Agreement Ending on 11-SEP-2020. These A Shares will be under lockup for 1106 days starting from 1-SEP-2017 to 11-SEP-2020.
Details:
The company's holding shareholder and actual controller Zhou Junjie and shareholders Hangzhou Junyi Investment Management Co., Ltd. and Hangzhou Yinbo Investment Partnership Enterprise (Limited Partnership) committed that to 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 shareholders Lv Wei, Jiang Xiaolin, Zhu Zhiyi committed that to 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.
Yindu Kitchen Equipment Co Ltd is a company engaged in research and development, production and sales of commercial catering equipment and provision of related services. The Company's products are comprised of commercial catering refrigeration equipment, buffet equipment and western kitchen equipment, which are used in a range of restaurant operations, such as dinners, fast foods and snacks. The Company also provides repair parts services. It sells its products to both domestic and international markets, including the United States, the United Kingdom, Germany, France and Italy.
YINDU KITCHEN EQUIPMENT CO., LTD 
