Certain A Shares of ZOY Home Furnishing Co.,Ltd are subject to a Lock-Up Agreement Ending on 8-FEB-2021.
February 07, 2021
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Certain A Shares of ZOY Home Furnishing Co.,Ltd are subject to a Lock-Up Agreement Ending on 8-FEB-2021. These A Shares will be under lockup for 1105 days starting from 30-JAN-2018 to 8-FEB-2021.
Details:
The company's actual controllers Hu Linfu and Cao Yong, holding shareholder Anji Changjiang Investment Co., Ltd., and shareholders Zhu Huangqiang, Zhang Yun, and Anji Gaosheng 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 i.e. February 8, 2018.
ZOY HOME FURNISHING CO., LTD. is a China-based company which is principally engaged in research and development, design, manufacture and sales of motion sofas. The Companyâs products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs. The Companyâs sales strategy is mainly engaged in the original equipment manufacturer (OEM). The Company distributes its products to both domestic and overseas markets, including the United States, Canada, Britain, Japan, Australia, Ireland and other markets.