Certain A Shares of ZheJiang Huazheng New Material Co.,Ltd. are subject to a Lock-Up Agreement Ending on 1-JAN-2020.
January 31, 2019
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Certain A Shares of ZheJiang Huazheng New Material Co.,Ltd. are subject to a Lock-Up Agreement Ending on 1-JAN-2020. These A Shares will be under lockup for 1101 days starting from 26-DEC-2016 to 1-JAN-2020.
Details:
The Company's actual controller Mr. Wang Licheng committed: Not to transfer nor entrust to a third party the shares held in the company prior to this offering, nor allow the company to repurchase the said shares within 36 months from the listing date of the company’s shares.
Company holding stockholder Holley Group Co., Ltd committed: Not to transfer nor entrust to a third party the shares held in the company, nor allow the company to repurchase the said shares within 36 months from the listing date of the company’s shares.
Shareholder Qian Haiping serving as company director holding 5% stake or more committed: Not to transfer nor entrust to a third party the shares directly or indirectly held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date of the company’s shares.
Shareholder Hangzhou Hengzheng Investment Co., Ltd. holding 5% stake or more committed: Not to transfer nor entrust to a third party the shares held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date of the company’s shares.
Eight shareholders serving as company directors and upper management personnel, namely, Liu Tao, Qian Haiping, Guo Jiangcheng, Liu Hongsheng, Shen Zonghua, Zhou Jianming, Wu Lifen and Tang Xinqiang committed: Not to transfer nor entrust to a third party the shares held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date of the company’s shares.
Two shareholders serving as company supervisors namely Zhang Jianliang and Tang Zhaoliang committed: Not to transfer nor entrust to a third party the shares directly or indirectly held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date of the company’s shares.
The company’s other shareholders Hangzhou Changye Investment Partnership Enterprise (Limited Partnership), Yao Jingjian, Yao Jianzhong, Chen Xiaojun, Zhu Youxi, Xie Linpeng, Zheng Shuyin, Lou Xudong, Yang Ruping, Peng Jianfei, Li Jianguo, Ma Yunfeng, Li Shuaihong, Yao Junmin, He Guoqing, Xu Yongwei, Yu Jingmei, Zhang Jingyong, Jin Meirong, Wang Peiming, Zhu Minhua, Shao Zhihua committed: Not to transfer nor entrust to a third party the shares held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date of the company’s shares.
Zhejiang Wazam New Materials Co Ltd is a China-based company mainly engaged in the design, research and development (R&D), production and sales of copper clad laminate materials. The Company also produces functional composite materials, composite materials for transportation and logistics, and aluminum-plastic composite materials for lithium battery soft packs. The Company's products are widely used in communication information exchange systems, cloud computing storage systems, autonomous driving signal acquisition systems, Internet of Things (IoT) radio frequency systems, medical equipment, rail transit, lithium batteries, green logistics and other major fields. The Company sells products in domestic and foreign markets.