Certain A Shares of Pinlive Foods Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-SEP-2021.
September 24, 2021
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Certain A Shares of Pinlive Foods Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-SEP-2021. These A Shares will be under lockup for 379 days starting from 11-SEP-2020 to 25-SEP-2021.
Details:
The company’s holding shareholder, actual controller husband and wife Wang Mu, Xu Songli, company’s shareholder Ningbo Meishan Bonded Port Area Xili Investment Management Center (Limited Partnership) and supervisor Tian Daoyang have committed that within 36 months after the listing date they will not 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 shares.
The company’s shareholder, director Wu Bogeng, Song Qifeng and company’s directors Zhao Yuning, Zhu Guohui, supervisors Chen Jianhua, Li Binzhen promised that within 12 months after the listing date they will not 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.
Pinlive Foods Co Ltd is a China-based company mainly engaged in the development, import and sales of its own brand food and the cooperative agency sales of foreign food. The Company's products mainly include dairy products, beer, grains and oils, grains and biscuits and snacks. The Company operates self-developed brands such as Weidendorf dairy products, Wurenbacher beer, HANNRAE grains, etc., and MUELOLIVA olive oil and other cooperative brands. The Company mainly conducts its businesses in the China market.
PINLIVE FOODS CO., LTD. 
