Certain A Shares of Shandong Huifa Foodstuff Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-JUN-2020.
June 04, 2020
Share
Certain A Shares of Shandong Huifa Foodstuff Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-JUN-2020. These A Shares will be under lockup for 1096 days starting from 5-JUN-2017 to 5-JUN-2020.
Details:
The Company’s controlling shareholder Shandong Huifa Investment Co., Ltd, shareholders Hui Zengyu, Zhao Hongyu, Li Yanmei, Zhao Ruixia and company's assistant general manager Zheng Zhaohui committed to not sell their shares for a period of 36 months starting from the date of listing.
The company's shareholders Zhenghechang Investment Co., Ltd., Beijing Hongfu Growth Investment Management Center, Huang Juan and company’s director, supervisor, senior management Zhang Qingyu, Song Zhangwei, Wei Xuejun, Liu Yuqing, Zhang Yingxia, Wang Ruirong committed to not sell their shares in the company for a period of 12 months from the date of listing.
Shandong Huifa Foodstuff Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of quick-frozen prepared meat products. The Company mainly sales its products through wholesaling and directly retailing to customers. The Company's main products include quick-frozen ball products, sausage products, fried products and string meat products. The frozen ball products mainly include chicken balls, fish balls and other ball products. The sausage products mainly include kiss sausages, sweet-scented osmanthus sausages and waist sausages. The fried products include fish tofu and Wufu crisp products. The Company mainly operates its businesses in domestic market.