Certain A Shares of Tansun Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2021.
August 24, 2021
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Certain A Shares of Tansun Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-AUG-2021. These A Shares will be under lockup for 376 days starting from 14-AUG-2020 to 25-AUG-2021.
Details:
The company’s holding shareholder and actual controller Ouyang Jianping, Shareholder Beijing Tianyang Hongye Investment Management Partnership Enterprise (Limited Partnership) promised Within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company, nor allow the company to repurchase the said shares. 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.
Li Qing, Beijing Time Investment Partnership Enterprise (Limited Partnership) and its party acting in concert Ningxia Time Venture Capital Partnership Enterprise (Limited Partnership) promised Within 12 months after the listing date, will not transfer shares in the company, nor allow the company to repurchase the said shares.
The company’s other directors, supervisors, management personnel directly or indirectly holding shares in the company, including Song Xiaofeng, Shi Haifeng, Gan Quan, Lin Minling, Zheng Xiyun, Zhou Chuanwen, Li Yaning, Gao Xin, Li Xiaogang promised Within 12 months after the listing date, will not transfer shares in the company, nor allow the company to repurchase the said shares. 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.
Tansun Technology Co Ltd is a China-based company that provides Internet technology (IT) solutions for banks and other financial institutions. The Company focuses on bank-related system construction, including asset, risk management, credit card and retail finance, operation management and other business areas. It provides technology development, technical services, consulting services and system integration services, such as the construction of integrated credit platforms, credit card core systems, comprehensive risk management platform, etc., the provision of testing service and operation and maintenance services, consulting suggestions and solutions services and integrated design services. The Company mainly conducts its businesses in the China market.