Certain A Shares of DR Corporation Limited are subject to a Lock-Up Agreement Ending on 16-DEC-2025. These A Shares will be under lockup for 1469 days starting from 8-DEC-2021 to 16-DEC-2025.
Details:
Controlling shareholder Shenzhen DR Investment Co., Ltd. promises that within 36 months after the listing date, shall 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. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.
Shareholders Gongqingcheng Wendi No. 1 Investment Management Partnership Enterprise (Limited Partnership), Gongqingcheng Wendi No. 2 Investment Management Partnership Enterprise (Limited Partnership) and Gongqingcheng Wendi No. 3 Investment Management Partnership Enterprise (Limited Partnership) promises that within 36 months after the listing date, shall 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.
Actual controllers Zhang Guotao, Lu Yiwen promises that within 36 months after the listing date, shall 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. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
DR Corp Ltd is a China-based company mainly engaged in brand operation, customized sales, research and development (R&D) and design of jewelry. The Company's main products are proposal diamond rings, wedding rings and other accessories, including D-DESTINY, BELIEVE, FOREVER, SWEETIE, TOGETHER and others. The Company mainly operates the Dr brand. The Company mainly sells products in domestic areas.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
