Certain A Shares of Yusys Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 7-NOV-2021.
November 06, 2021
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Certain A Shares of Yusys Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 7-NOV-2021. These A Shares will be under lockup for 1097 days starting from 6-NOV-2018 to 7-NOV-2021.
Details:
The company?s controlling shareholder Zhuhai Yuqin Hongtai Information Consulting Co., Ltd. committed that within 36 months from the listing date, it will not transfer nor entrust other parties for the management of the company?s shares, directly or indirectly held prior to this IPO, nor allow the company to repurchase the said shares.
The company?s actual controller Hong Weidong committed that within 36 months from the listing date, they will not transfer nor entrust other parties for the management of the company?s shares, directly or indirectly held prior to this IPO, nor allow the company to repurchase the said shares.
The company?s other founder shareholders committed that within 12 months from the listing date, they will not transfer nor entrust other parties for the management of the company?s shares, directly or indirectly held prior to this IPO, nor allow the company to repurchase the said shares.
The company?s directors Hong Weidong, Steve Shiping Dai, Wang Yanmei, Song Kaiyu, Li Jianguo, supervisors Ren Lijing, Chen Jingrong, Yu Xinmin, and the company?s other senior management members Chen Feng, Fan Qinghua, Liang Qiang, Lu Jun, Ouyang Zhongcheng, Wang Jianqiang, Zhang Da and Zheng Chun committed that within 12 months from the listing date, they will not transfer nor entrust other parties for the management of the company?s shares, directly or indirectly held prior to this IPO, nor allow the company to repurchase the said shares.
Yusys Technologies Co., Ltd. is a China-based company engaged in providing banking information technology (IT) solutions, such as consulting service, software products, software development and implementation, operation and maintenance services and system integration to bank-oriented financial institutions. The Company is principally engaged in the development of software and the provision of related services, including customized software development, as well as personnel outsourcing and operation and maintenance services. The Company is also engaged in system integration sales and service business. The Company conducts its business within domestic and overseas markets.