Certain A Shares of Huawen Food Co., Ltd. are subject to a Lock-Up Agreement Ending on 10-SEP-2023.
September 09, 2023
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Certain A Shares of Huawen Food Co., Ltd. are subject to a Lock-Up Agreement Ending on 10-SEP-2023. These A Shares will be under lockup for 1096 days starting from 9-SEP-2020 to 10-SEP-2023.
Details:
The company?s holding shareholder, actual controller Zhou Jingsong, Li Bingyu promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares within 36 months after the listing date.
The company?s shareholder Joyvio (Qingdao) Modern Agriculture Co., Ltd; shareholder, director, and deputy general manager Liu Teyuan; shareholder and supervisor Yang Lin; and other shareholders Ma Peiyuan, Cai Yuanhua, Yang Zhongming, Cheng Jinhua, Li Songtao, Li Shuangyan promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares within 12 months after the listing date.
Jinzai Food Group Co Ltd, formerly Huawen Food Co Ltd, is a China-based company principally engaged in the research and development, production and sales of flavored snack foods. The Company's main brands are Jinzai and Boweiyuan. The Company's main products include flavored small fish, flavored dried tofu and flavored dried meat and other traditional snack foods. Its product flavors include peppery and spicy, spicy, sauce-flavored, sweet and sour and other flavors. The Company distributes its products both in the domestic market and to overseas markets.