Certain A Shares of AnHui Jinchun Nonwoven Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2021.
August 24, 2021
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Certain A Shares of AnHui Jinchun Nonwoven Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2021. These A Shares will be under lockup for 373 days starting from 17-AUG-2020 to 25-AUG-2021.
Details:
The company’s holding stockholder Anhui Jinrui Investment Group Co., Ltd. and shareholder Chuzhou Xinjin Ruizhi Investment Management Center (Limited Partnership), the company’s actual controller Yang Yingchun, the company’s actual controller, director Yang Le and directors, supervisors, senior management indirectly holding shares in the company, namely, Cao Songting, Sun Tao, Ying Zongyong, Li Baolin, Hu Jun, Bian Yong promised Within 36 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company, nor allow the company to repurchase the said shares
The company’s shareholders Anhui Gaoxin Jintong Anyi Phase II Venture Capital Fund (Limited Partnership), Ningbo Luxi Equity Investment Partnership Enterprise (Limited Partnership), Ningbo Shiyue Wuxun Equity Investment Partnership Enterprise (Limited Partnership), Wang Dejiang, Yin Feng, Liang Hong promised that within 12 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company, nor allow the company to repurchase the said shares.
The company’s shareholders Shanghai Yongqiang Hongkun Asset Management Center (Limited Partnership), Changzhou Binfu Modern Service Industry Fund Management Partnership Enterprise (Limited Partnership) committed that within 36 months after acquiring shares in the company and within 12 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company, nor allow the company to repurchase the said shares.
AnHui Jinchun Nonwoven Co Ltd is a China-based company mainly engaged in the research, development, production and sales of nonwovens. The Company's main products are spunlace, hot air and filament microfiber nonwovens. Its products are mainly used in sanitary napkins, diapers and diapers, facial masks, home textiles, high-end wipe materials, automotive interior materials and mask filter materials. The Company operates its businesses within the domestic market and to overseas markets such as South Korea and Japan.