Certain A Shares of TVZone Media Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-AUG-2020.
August 10, 2020
Share
Certain A Shares of TVZone Media Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-AUG-2020. These A Shares will be under lockup for 1104 days starting from 3-AUG-2017 to 11-AUG-2020.
Details:
The company’s holding shareholder Changsha Broadcast & Television Group promised within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
The other direct shareholders Tianjin Tiantu Xingsheng Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereafter Tiantu Xingsheng), Shenzhen Tiantu Venture Capital Co., Ltd., Guosen Hongsheng Venture Capital Co., Ltd., Hunan Tianyi Entertainment Media Co., Ltd., Changsha Pilot Industrial Investment Co., Ltd., Tianjin Tiantu Xinghua Equity Investment Partnership Enterprise (Limited Partnership), Shenzhen Tiantu Xingrui Venture Capital Co., Ltd., Shenzhen Tiantu Investment Management Co., Ltd. promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect share in the company held prior to this issuance, nor allow the company to repurchase the said shares.
The company’s directors indirectly holding shares in the company including Feng Weidong, Cao Oujie, Pan Pan promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect share in the company held prior to this issuance, nor allow the company to repurchase the said shares.
TVZone Media Co., Ltd. is a China-based company which is mainly engaged in the production and distribution of television and video programs. The Company mainly has two business segments: Video Programs and Related Services Business segment and Teleplay Broadcast Operation Business segment. The Video Programs and Related Services Business segment is mainly engaged in the production and distribution of television, internet and mobile internet video contents and others, such as variety shows, documentary story programs, column dramas and others. The Teleplay Broadcast Operation Business segment is mainly engaged in purchase teleplays for local channels, and provides choreography services, promo production, publicity and planning services.