Certain A Shares of Jiangsu Lettall Electronic Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-DEC-2021.
December 23, 2021
Share
Certain A Shares of Jiangsu Lettall Electronic Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-DEC-2021. These A Shares will be under lockup for 1102 days starting from 18-DEC-2018 to 24-DEC-2021.
Details:
The Company's actual controllers Shao Shuwei, Shao Qiuping, Shao Peosheng, and Shi Xuping and shareholder Yixing Lettall Zhiqiao Investment Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Companys shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
The Company's other shareholders committed: to not transfer or entrust to a third party the Companys shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
Jiangsu Lettall Electronic Co., Ltd. is a China-based company which mainly designs, manufactures and sells precision metal structural parts and electronic components. The Company's main products include LCD TV precision metal stamping structural parts, bases, molds and electronic components, such as precision metal stamping back shells, precision metal stamping back sheets, precision metal face frames, heat sinks, stiffeners, voltage transformers, inductors, filters and others. The Company's products are mainly used in liquid crystal display fields such as LCD TVs. The Company's product brands mainly include LETTALL and TUPAI.