Certain A Shares of Qijing Machinery Co., Ltd. are subject to a Lock-Up Agreement Ending on 6-FEB-2020.
February 05, 2020
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Certain A Shares of Qijing Machinery Co., Ltd. are subject to a Lock-Up Agreement Ending on 6-FEB-2020. These A Shares will be under lockup for 1109 days starting from 23-JAN-2017 to 6-FEB-2020.
Details:
The company holding stockholder Ningbo Qijing Holding Co., Ltd. and actual controllers Wang Yongqi, Wang Xingqi, Wang Weidong, Wang Dongmin, and stockholder Zhang Liangchuan commit that within 36 months from the listing date, to not transfer or entrust to others shares directly or indirectly held in the company, nor allow the company to repurchase the said shares.
Company stockholders Hu Jiaqi and Ye Mingqi commit that within 12 months from the listing date, to not transfer or entrust to others shares directly or indirectly held in the company, nor allow the company to repurchase the said shares.
Qijing Machinery Co., Ltd. is a China-based company principally engaged in the research and development, design, production and sales of washing machine clutch products. The Company's main products include washing machine clutches, washing machine parts, dishwasher parts and refrigerator parts. The Company is also engaged in the production and sales of electrical tool parts. The Company mainly distributes its products in the domestic and overseas markets.