Certain A Shares of Jiangsu Rutong Petro-Machinery Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-DEC-2019.
December 07, 2019
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Certain A Shares of Jiangsu Rutong Petro-Machinery Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-DEC-2019. These A Shares will be under lockup for 1103 days starting from 30-NOV-2016 to 8-DEC-2019.
Details:
The 36 shareholders of the company namely Cao Caihong, Xu Bobing, Yao Zhong, Guan Xin, Shi Xiufei, Shi Jianxin, Bao Yinliang, Zhang Youfu, Zhu Jianhua, Gao Baoyong, Yang Xinquan, Huang Xichang, Gu Daolin, Guan Yonglin, Wang Jianheng, He Yunhua, Feng Jian, Song Liuqi, Zhou Xiaofeng, Yin Zhigao, Ji Hongbing, Zhang Songqiu, Gu Jianguo, Xu Yongshou, Zhang Xiaoming, Yuan Xinkang, Xue Jinyou, Xu Xiuguang, Bao Qiang, Yang Zhengquan, Shen Jianquan, Xu Shengli, Zhu Xiaoning, Chen Shilong, Nantong Huiju Investment Center (Limited Partnership), Nantong Heli Investment Center (Limited Partnership) promised that within 36 months after the listing date, will not transfer nor entrust to others for management their shares in the company, nor allow the company to repurchase the said shares.
Jiangsu Rutong Petro-Machinery Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of petroleum drilling wellhead equipment. Its products mainly include hanging tools, fastening tools, clamping tools and other tools. Other tools include bushing series, spider series, as well as bit breaker series. The Companyâs products are mainly applied in the petroleum engineering technical service companies. The Company distributes its products within domestic market and to overseas markets, including Middle East, Africa, North America, Central and South America, as well as Russia, among others.