Certain Domestic Shares of Jinshang Bank Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-JUL-2020.
July 17, 2020
Share
Certain Domestic Shares of Jinshang Bank Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-JUL-2020. These Domestic Shares will be under lockup for 367 days starting from 17-JUL-2019 to 18-JUL-2020.
Details:
The shares issued by the company prior to our issue of the H Shares will be subject to statutory restriction on transfer within a period of one year from the Listing Date, i.e. 12-month lock-up on the controlling shareholders’ disposal of shares.
JINSHANG BANK CO., LTD. is a China-based company mainly engaged in banking business. The Company operates three segments. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies and financial institutions, including corporate loans and advances, trade financing, deposit services, agency services, wealth management services, remittance and settlement services and others. The Retail Banking segment provides a range of financial products and services to retail customers, including personal loans, deposit services, personal wealth management services and remittance services. The Treasury segment is engaged in interbank lending transactions, repurchase transactions, interbank investments, bond investments and trading. The Company conducts its businesses in Shanxi, China.