Certain A Shares of Suzhou Keda Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 1-DEC-2019.
December 30, 2019
Share
Certain A Shares of Suzhou Keda Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 1-DEC-2019. These A Shares will be under lockup for 1106 days starting from 20-NOV-2016 to 1-DEC-2019.
Details:
The Company’s controlling shareholder and the actual controllers Chen Donggen, Suzhou Linzhi Investment Management Co., Ltd. and Suzhou Zhiyou Investment Management Co., Ltd. committed not to transfer nor entrust to others for management of the company’s shares held prior to this issuance within 36 months from the listing date, nor allow the issuer to repurchase the said shares.
The Company’s shareholders Wang Chao, Zhu Fengyong, Zhou Shengqiang, Wei Zhibing, Qian Jianzhong, Luo Hongyu, Fan Jiangen, Xu Yun, Wu Yingnan, Qin Zhimin, Zhao Wei, Luo Mingjing, Jin Zhaolong, Yin Jianren, Wang Xiong, Mao Xianxiang, Zhu Haiyan and Zhang Jinxun committed not to transfer nor entrust to others for management of the Company 4,196,000 shares acquired from the Company’s actual controller Chen Donggen on July 20, 2012, nor allow the issuer to repurchase the said shares; and not to transfer other shares within 1 year from the shares listing date.
The Company’s shareholders Suzhou Lanyi Venture Capital Co, Ltd., Suzhou Laner Venture Capital Co., Ltd., Suzhou Gaojin Venture Captial Co., Ltd., Chen Weidong, Xue Jiangping, Fu Linnan, Chen Xiaohua, Qin Changqin, Gao Xiang, Yu Fangbiao, Xu Youjie, Lu Wumin, Yin Hua, Fei Shenggen, Jiang Zhejun, Zhang Jiannan, Cao Weimin, Wu Jinrong, Dou Jianhua, Wang Fuming, Zhu Wenming, Gu Hua, Wang Lindi, Hu Jianxin, Li Donghua, Hua Yuliang, Cao Guoliang, Yang Hongkui and Lu Dongqiang committed not to transfer shares within 1 years from the shares listing date.
Suzhou Keda Technology Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of network video system products. The Company's products mainly include video surveillance products and video conferencing products. Its video conferencing products include video conference terminals, video conferencing cameras, as well as video conference platforms. Its video surveillance products include video surveillance codec, video surveillance cameras and video surveillance platforms. Its products are mainly applied in the fields of government, healthcare, as well as financial industry. The Company distributes its products within domestic market and to overseas markets