Certain A Shares of RoadMainT Co.,Ltd. are subject to a Lock-Up Agreement Ending on 2-AUG-2020.
August 01, 2020
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Certain A Shares of RoadMainT Co.,Ltd. are subject to a Lock-Up Agreement Ending on 2-AUG-2020. These A Shares will be under lockup for 1102 days starting from 27-JUL-2017 to 2-AUG-2020.
Details:
RoadMainT Transportation Science & Technology Group Co., Ltd. and Pan Yuli and Zhao Huaizhi, the controlling shareholders committed that within 36 months from the listing date, they will not transfer nor entrust to others for the management of the company’s shares held prior to this IPO, nor allow the company to repurchase the said shares.
Cheng Shanshan, the company supervisor and Zhao Yandong and He Bo, the senior management members committed that within 12 months from the listing date, will not transfer nor entrust to others for the management of the company’s shares held prior to this IPO, nor allow the company to repurchase the said shares.
RoadMainT Co., Ltd. is a China-based company principally engaged in the provision of decision-making advisory services to road maintenance industry. The Company is also engaged in the research and development, manufacturing and sales of road detection equipment, as well as the development and sales of road maintenance information system. The Company mainly provides products and services to government highway management institutions, toll road management enterprises, as well as enterprises engaged in road maintenance testing, conservation design, road maintenance consulting and maintenance construction businesses. The Company mainly operates its business in domestic market.