Certain A Shares of Sino-High Co., Ltd. are subject to a Lock-Up Agreement Ending on 12-OCT-2022.
October 11, 2022
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Certain A Shares of Sino-High (China) Co., Ltd. are subject to a Lock-Up Agreement Ending on 12-OCT-2022. These A Shares will be under lockup for 385 days starting from 22-SEP-2021 to 12-OCT-2022.
Details:
The company's holding shareholder and actual controller Yan Liuxin, Qin Cui'e promised that Within 36 months after the listing date, will 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.
Shareholders Hao Guomei, Zhang Ping, Tang Hao, Nanjing Yuanmo Investment Enterprise (Limited Partnership), Ye Xuanxi, Xu Yazhen, Li Dasheng, Ningbo Longma Longteng Investment Management Center (L.P.) promised that Within 12 months after the listing date, will 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.
Directors, management personnel Yan Liuxin, Qin Cui'e, Tang Hao promised, 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 will automatically be extended for 6 months.
During the term of office as the company's director, supervisor, management personnel, the number of shares in the company transferred each year will not exceed 25% of the total shares held in the company.
Sino-High China Co Ltd is a China-based company engaged in the research and development (R&D), production and sales of aromatic ketones. The Company's main products include core raw materials of special engineering plastics, photoinitiators and cosmetic raw materials. The core raw materials of engineering plastics are used in aerospace, automobile manufacturing, medical treatment, industry and other fields. The photoinitiators are used in cigarette and food packaging printing, electrical coating, decoration and building materials coating and other fields. The cosmetic ingredients are applied to cosmetics such as creams, facial masks and so on. The Company's overseas sales mainly include India, the United States, the United Kingdom, Germany, the Netherlands and other countries.
SINO-HIGH (CHINA) CO., LTD. 
