Certain A Shares of Shengyuan Environmental Protection Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-AUG-2021.
August 23, 2021
Share
Certain A Shares of Shengyuan Environmental Protection Co.,Ltd. are subject to a Lock-Up Agreement Ending on 24-AUG-2021. These A Shares will be under lockup for 375 days starting from 14-AUG-2020 to 24-AUG-2021.
Details:
The company's controlling shareholders and actual controllers, Zhu Yuxuan, Zhu Hengbing and their relatives Zhu Yuxian, Zhu Pinghua, Zhu Huihua and Lian Jinlai committed 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.
All other shareholders committed 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.
Shengyuan Environmental Protection Co Ltd is a China-based company mainly engaged in the professional treatment of urban solid and liquid waste. Its main businesses mainly include garbage incineration power generation and sewage treatment. The garbage incineration power generation business is engaged in investing in the construction of garbage incineration power plants, incineration of garbage, the waste heat generated by garbage incineration is used for power generation, and the generated electricity is integrated into the power grid. The sewage treatment business is engaged in investing in the construction of sewage treatment plants, removing pollutants from the domestic sewage collected in the urban sewage pipe network, and then discharging the purified sewage into designated water. The Company mainly conducts its businesses in the China market.