Certain A Shares of Sino-Agri Leading Biosciences Co.,Ltd are subject to a Lock-Up Agreement Ending on 16-NOV-2020.
November 15, 2020
Share
Certain A Shares of Sino-Agri Leading Biosciences Co.,Ltd are subject to a Lock-Up Agreement Ending on 16-NOV-2020. These A Shares will be under lockup for 1103 days starting from 9-NOV-2017 to 16-NOV-2020.
Details:
The company’s controlling shareholder China National Agricultural Means Of Production Group Corporation committed that except the shares to be sold in this IPO, within 36 months from the listing date, November 16, 2017 will not transfer nor entrust other parties for the management of the company’s shares, nor allow the company to repurchase the said shares.
The company’s shareholder Foshan Yilong Investment Co., Ltd., Guangdong Xindaxing Investment Co., Ltd., Nanjing Red Sun Co., Ltd., Zhejiang Jintai Agri-chemical Co., Ltd. and Beijing Sino-Agri Licheng Management Consulting Co., Ltd. and Guangdong Wenyang Investment Co., Ltd. committed that except the shares to be sold in this IPO, within 12 months from the listing date, will not transfer nor entrust other parties 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.
Sino-Agri Leading Biosciences Co Ltd is a company mainly engaged in pesticide distribution business. The Company operates three major businesses. The pesticide distribution business is engaged in the sales of pesticides, pesticide preparations and related products. The plant protection technology services business provides crop solutions, including technical guidance for using plant protection products, packaging and compounding and other supporting services. The plant protection machinery supply business provides paddy field sprayers, dry field sprayers, high pole sprayers and fruit forest sprayers.
SINO-AGRI LEADING BIOSCIENCES CO.,LTD 
