Certain A Shares of Ningbo Ginlong Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-MAR-2020.
March 18, 2020
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Certain A Shares of Ningbo Ginlong Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-MAR-2020. These A Shares will be under lockup for 367 days starting from 18-MAR-2019 to 19-MAR-2020.
Details:
Shares held by Wang Yiming, Wang Junshi, Lin Yibei, and Ningbo Jucai Caiju Investment Management Co., Ltd. will be under lock-up for 36 months from listing date.
Shares held by the company's other shareholders will be under lock-up for 12 months from listing date.
Ginlong Technologies Co Ltd, formerly Ningbo Ginlong Technologies Co Ltd, is a China-based company principally engaged in the research and development, production and sales of string inverters as well as the provision of related after-sales services. The Company's main products include single-phase string inverters, three-phase string inverters and other inverters. In addition, The Company is also engaged in the production and sales of inverter fast shut-offs, inverter data collectors, distributed wind power system supporting products and distributed photovoltaic inverter parts. The Company's products are mainly used in distributed photovoltaic power generation systems. The Company mainly distributes its products to the overseas markets.