Certain A Shares of Shanghai Aladdin Biochemical Technology Co.,Ltd are subject to a Lock-Up Agreement Ending on 16-OCT-2023.
October 15, 2023
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Certain A Shares of Shanghai Aladdin Biochemical Technology Co.,Ltd are subject to a Lock-Up Agreement Ending on 16-OCT-2023. These A Shares will be under lockup for 1095 days starting from 16-OCT-2020 to 16-OCT-2023.
Details:
The company's controlling shareholder and actual controller Xu Jiuzhen, Zhao Liping and their close relatives Xu Jiutian, shareholder Shanghai Jingzhen Investment Management Center (Limited Partnership), shareholder Shanghai Shichuang Investment Co., Ltd. promised that within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.
Company directors / supervisors / senior management personnel / core technical personnel Zhao Xinan, Gu Weiyu, Wang Kun, Chen Honghao, Jiang Su, Ma Ting, Zhao Yue, Ling Qing, Hai Long, Cheng Yiquan, a shareholder who indirectly controls more than 5% of the company ?s shares and other shareholders promised that within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.
Shanghai Aladdin Biochemical Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of scientific research reagents. The Company's businesses cover the four major areas of high-end chemistry, life sciences, analytical chromatography and materials science, and a small amount of experimental consumables. The Company's products are used in universities, scientific research institutes, biomedicine, new materials, new energy, energy conservation and environmental protection, aerospace and other fields. The Company independently builds Aladdin brand scientific research reagents and Silicon Valley brand experimental consumables, mainly relying on its own e-commerce platform www.aladdin-e.com to achieve online sales. The Company mainly conducts its businesses in the China market.