Certain A Shares of Shenzhen Cotran New Material Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-DEC-2020.
December 07, 2020
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Certain A Shares of Shenzhen Cotran New Material Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-DEC-2020. These A Shares will be under lockup for 1097 days starting from 7-DEC-2017 to 8-DEC-2020.
Details:
The securities held by company controlling shareholder Zhou Dong and by the entities controlled by him, namely Shenzhen Kechuang Xinhua Technology Co., Ltd. and Shihezi Zhongneng Equity Investment Partnership Enterprise are subject to a lock up of 36 months from the date of listing, December 8, 2017.
Securities held by Shanghai Yingxue Yejin Investment Partnership Enterprise, Suzhou Tianli Investment Co., Ltd., Zhong Zhihui and Ding Cheng are subject to lock up of 12 months from the date of listing, December 8, 2017.
Securities held by directors, upper management and supervisors namely Ao Rigele, Liang Jianfeng, Liu Jun, Zhou Changming, Yang Li, Liao Changchun and Ma Ting committed to not dispose off their holdings in the company for a period of 36 months from the date of issuance.
Shenzhen Cotran New Material Co Ltd is a company engaged in research, development, production and sales of polymer materials. The Company provides plastic metallized devices, radiators, waterproof tapes and waterproof insulating tapes for communications industry. It provides fireproof tapes, high voltage insulation tapes, metal shielding tapes and other products for power industry. The Company's other products include door and window seals used in automobile manufacturing and rail transit industries and anti-corrosion microfiber armor used in marine engineering facilities. The Company sells its products to both domestic and international markets, including Europe and South America.