Certain A Shares of Shanghai Tianyang Hot Melt Adhesives Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-FEB-2018.
February 12, 2018
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Certain A Shares of Shanghai Tianyang Hot Melt Adhesives Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-FEB-2018. These A Shares will be under lockup for 376 days starting from 2-FEB-2017 to 13-FEB-2018.
Details:
The Company's actual controller and the controlling shareholder Li Zhelong (as director and senior management member) committed: within 36 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Li Mingjian and Pu Yifeng (shareholders holding more than 5% stake) committed: within 36 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Shanghai Orange Investment Center (LP) committed: within 12 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Li Shunyu, Liu Huan and Pu Yihong committed: within 36 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Li Tianshan, Zhu Wanyu and Ma Ximei (other directors and senior managing members who hold Company's shares) committed: within 12 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Ma Shengjia, Zhang Jianhong and Sun Gaofeng (the supervisors who hold Company's shares) committed: within 12 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Other 25 individual shareholders including Chu Tianzi, Xu Guozhong, Tian Wenyu, Liang Jinxi, Jin Longhe, Rui Mingzi, Zhu Hongtao, Sun Qian, Li Qiaoyun, Chen Jianzhong, Huang Dong, Dai Jianmin, Ma Zhiyan, Wang Xiaozhong, Song Xingmin, Wu Haijun, Yong Rui, Chen Yue, Yu Fengchi, Tao Siyu, Ma Yu, Zhang Jing, Cai Ying and Xu Yan committed: within 12 months from the listing date, will not transfer nor entrust to others for the management of the Company's shares, directly or indirectly, held prior to this IPO, nor allow the Company to repurchase the said shares.
Tianyang New Materials Shanghai Technology Co Ltd, formerly Shanghai Tian Yang Hotmelt Adhesives Co Ltd, is a China-based company principally engaged in research and development, manufacture and sales of thermoplastic environmental protection adhesive materials. The Company's main products include hot melt adhesive powders and granules, fusible films, ethylene-vinyl acetate copolymer (EVA) films used for solar cell packaging and hot melt adhesive films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings and coating, among others.