Certain Shares of Suzhou HYC Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 30-JUN-2022.
June 29, 2022
Share
Certain Shares of Suzhou HYC Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 30-JUN-2022. These Shares will be under lockup for 1096 days starting from 30-JUN-2019 to 30-JUN-2022.
Details:
The Company's holding shareholder Suzhou Yuanhua Chuangxing Investment Management Co., Ltd., actual controllers Chen Wenyuan and Zhang Qian, and shareholders Suzhou Yuanfen Business Management Partnership Enterprise (Limited Partnership) and Suzhou Yuanke Business Management Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
The Company's directors, supervisors, senior management, and core technical staff committed: to not transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
Suzhou HYC Technology Co Ltd is a China-based provider of industrial automatic inspection equipment and complete line inspection system solutions. The Company is principally engaged in the research and development, production and sales of flat panel displays, semiconductor integrated circuits, and wearable testing equipment. The Company's main products include testing equipment, including flat panel display testing equipment, integrated circuit testing equipment and automotive electronic testing equipment, as well as inspection fixtures. The Company's main products are used in Liquid Crystal Display (LCD) and Organic Light-Emitting Diode (OLED) flat panel displays, integrated circuits and automotive electronics. The Company mainly conducts its businesses in domestic and overseas markets.
SUZHOU HYC TECHNOLOGY CO.,LTD. 
