Certain A shares of Clenergy Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 12-JAN-2020.
January 11, 2020
Share
Certain A shares of Clenergy (Xiamen) Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 12-JAN-2020. These A shares will be under lockup for 1104 days starting from 3-JAN-2017 to 12-JAN-2020.
Details:
The Company's holding shareholder Daniel Hong and main shareholders Wang Xiaoming and Wang Zhicheng committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date i.e January 12, 2017.
The Company's shareholders Clenergy International (HK) Limited and Xiamen Heying Investment Management Co., Ltd. committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date i.e January 12, 2017.
Clenergy Technology Co Ltd, formerly Clenergy Xiamen Technology Co Ltd, is a China-based company mainly engaged in the research and development, design, production and sales of smart photovoltaic trackers and other photovoltaic brackets. The Company is also engaged in the development, construction and operation of photovoltaic power plants, and the research and development, production and sales of photovoltaic power electronic products. The Company's independent brand products include photovoltaic smart trackers, fixed ground photovoltaic support systems, adjustable supports, carport supports, distributed roof photovoltaic support systems and other series, as well as the auxiliary products such as photovoltaic power station supporting bridges and combiner boxes.