Certain A-Shares of Shanghai Shine-Link International Logistics Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-SEP-2020.
September 12, 2020
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Certain A-Shares of Shanghai Shine-Link International Logistics Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-SEP-2020. These A-Shares will be under lockup for 1104 days starting from 5-SEP-2017 to 13-SEP-2020.
Details:
The company's holding shareholder and actual controller State-owned Assets Supervision and Administration Commission of Shanghai Pudong New Area People's Government committed that 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.
The company's other shareholders 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 12 months from the listing date.
Shanghai Shine-Link International Logistics Co Ltd is a company that provides supply chain management services. The Company provides the design and implementation for integrated supply chain management solutions, covering a range of steps, including procurement, production and sales. The Company also provides integrated logistics services, such as port customs clearance, warehouse management and cargo distribution. The Company serves high-tech electronics, medical equipment and reagents, mechanical equipment parts, imported food and clothing and other areas.