Certain A Shares of Raisecom Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 20-APR-2018.
April 19, 2018
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Certain A Shares of Raisecom Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 20-APR-2018. These A Shares will be under lockup for 374 days starting from 11-APR-2017 to 20-APR-2018.
Details:
The other directors, supervisors, and upper management personnel Zheng Xiang, Xia Chunxia, Zheng Yun, Zhang Yu, Yang Rui, Wang Shuli, Liu Bing, Zhu Xuemei, and Guan Hongfeng have commited not to transfer their shares before 12 months from listing date.
The Company's actual controllers Gao Lei, Zhu Chuncheng, Li Yuejie, Ren Jianhong, Wang Jianming, and Feng Xuesong committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date
Raisecom Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of communication network access products. The Company's main products include integrated access terminal products, centralized local port terminal products, industrial networking products, private wireless networking products, software products and auxiliary access products. Its products are mainly used in communications operation, smart grid, intelligent transportation and other fields. The Company mainly distributes its products in domestic and overseas markets.