Certain A Shares of TianJin 712 Communication & Broadcasting Co., Ltd. are subject to a Lock-Up Agreement Ending on 26-FEB-2021.
February 25, 2021
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Certain A Shares of TianJin 712 Communication & Broadcasting Co., Ltd. are subject to a Lock-Up Agreement Ending on 26-FEB-2021. These A Shares will be under lockup for 1113 days starting from 9-FEB-2018 to 26-FEB-2021.
Details:
The company’s holding shareholder Tianjin Zhonghuan Electronic and Information (Group) Co., Ltd. promised that within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company, nor allow the company to repurchase the said shares.
TCL Corporation, the company’s individual shareholders, directors and/or management personnel Wang Bao, Pang Hui, Deng Changqing, Ma Yan, Zhang Baozhu, individual shareholders, supervisors Zhang Fengxia, Zhang Xin and individual shareholders, supervisors Zhang Fengxia, Zhang Xin and Li Jinrong and 35 other individual shareholders promised that within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company, nor allow the company to repurchase the said shares.
Tianjin 712 Communication & Broadcasting Co.,Ltd is a China-based company principally engaged in the research, development, manufacture and sale of wireless communications products for military and civilian use. The Companyâs main products include air wireless communication terminals, ground wireless communication terminals, railway wireless communication terminals, system products and others. The Company's products are mainly used in the areas of military, railway, urban rail transit and maritime. The Company distributes its products mainly in domestic market.