Certain A Shares of Zhejiang XinNong Chemical Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-DEC-2019.
December 04, 2019
Share
Certain A Shares of Zhejiang XinNong Chemical Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-DEC-2019. These A Shares will be under lockup for 366 days starting from 4-DEC-2018 to 5-DEC-2019.
Details:
The Company’s controlling shareholder Zhejiang Xinhui Investment Co., Ltd. committed not to transfer or entrust to a third party the Company’s shares it holds directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
The Company’s actual controller Xu Qunhui and spouse Wu Jianqing, father Xu Yuexing, mother Pan Yuyan committed not to transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
All the Company’s other shareholders apart from those mentioned above committed not to transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date.
Zhejiang XinNong Chemical Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of chemical pesticides, preparations and fine chemical intermediates. The Company's main products include triazophos, chlorpyrifos, thiazole zinc and other original drugs and preparations, as well as ethyl chloride, N-(1-ethylpropyl)-3,4-dimethylaniline, benzoquinone and benzene, 1,3-cyclohexanedione and other intermediates. The Company distributes its products in domestic market and to overseas markets.