Certain A Shares of Shanghai Urban Architecture Design Co., Ltd. are subject to a Lock-Up Agreement Ending on 20-APR-2022.
April 19, 2022
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Certain A Shares of Shanghai Urban Architecture Design Co., Ltd. are subject to a Lock-Up Agreement Ending on 20-APR-2022. These A Shares will be under lockup for 371 days starting from 14-APR-2021 to 20-APR-2022.
Details:
Controlling shareholder and actual controller: Wang Fuhai committed within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company’s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company’s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.
Directors, Senior Managers directly holding shares of the company: Chen Hongjun, Wang Xue, Zhu Xuhui, Jin Cheng, Qian Zhenghan, Jiang Juntao, Zhang Zhenyu committed within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company’s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company’s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.
Other shareholders before the issuance: Shenzhen LAY-OUT Enterprise Management Consulting Partnership (Limited Partnership), Niu Huien, Deng Jun, Pan Dandan, Guo Xiang, Zhao Mingli, Wei Wei, Kuang Ruijing, Zhang Jianrong, Zhang Yuan, Huai Wenbin, Tao Tao, Qin Yu , Liu Chen, Xu Yuan, Wang Zhuowa, Zhong Wei, Ye Ruilang, Ye Xiude, Chen Yuanyin, Tan Meijie, Liu Zezhou, Li Fenghui, Shen Xiaoai, Wei Liang, Wu Jifang, Zhang Mengyu, Li Yanting, Li Mingcong, Wang Shengli, Wang Haofeng and Jing Peng committed within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.
Other Directors, Supervisors, Senior Managers committed during the term of office as the company’s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
Shanghai Urban Architecture Design Co Ltd is a China-based company mainly engaged in the research and development, consulting and technical services of architectural design business. The Company focuses on conceptual design and conducts preliminary studies prior to the implementation of the scheme design in accordance with the requirements of the project specification; schematic design, that is, the expression of building plane function, elevation profile and design of appearance effect; as well as the preliminary design, after the examination and approval of the construction department, the scheme design will be further deepened to meet the requirements of the relevant professional specifications, so as to achieve the conditions of all aspects of the professional construction drawing design. The Company is also engaged in providing integrated architectural design solutions including construction drawing design and construction coordination based on the needs of downstream customers.
SHANGHAI URBAN ARCHITECTURE DESIGN CO., LTD. 
