Certain A Shares of Baiyin Nonferrous Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 15-FEB-2020.
February 14, 2020
Share
Certain A Shares of Baiyin Nonferrous Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 15-FEB-2020. These A Shares will be under lockup for 1104 days starting from 6-FEB-2017 to 15-FEB-2020.
Details:
The Company’s shareholders CITIC Guoan Group Co., Ltd., State-owned Assets Supervision and Administration Commission of Gansu Provincial Government, Gansu Xinye Asset Operation Co., Ltd., CITIC Group Corporation committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
The Company’s shareholders Ruiyuan (Shanghai) Equity Investment Fund Partnership Enterprise (Limited Partnership), China Cinda Asset Management Co., Ltd., China Orient Asset Management Co., Ltd., China Huarong Asset Management Co., Ltd., Gansu Province Economic Cooperation Corporation, China Great Wall Asset Management Corporation committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date.
Baiyin Nonferrous Group Co Ltd is a China-based company principally engaged in the mining, smelting, processing and trading of nonferrous metals, including copper, lead, zinc, gold and silver. The Company's main products include cathode copper, zinc ingots, electric silver, electric lead, gold and others. The Company is also engaged in the provision of nonferrous metal processing services. The Company distributes its products within domestic market and to overseas markets.