Certain A Shares of Tianjin Ruixin Technology Co.,Ltd are subject to a Lock-Up Agreement Ending on 21-APR-2021.
April 20, 2021
Share
Certain A Shares of Tianjin Ruixin Technology Co.,Ltd are subject to a Lock-Up Agreement Ending on 21-APR-2021. These A Shares will be under lockup for 371 days starting from 15-APR-2020 to 21-APR-2021.
Details:
The Company’s controlling shareholder and actual controller Guo Zhanchang, Guo Jia, and close relative Wang Jing committed that they will not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
The Company’s other shareholders committed that they will not transfer or entrust to a third party the Company’s shares they hold before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date.
Tianjin Ruixin Technology Co Ltd, formerly Tianjin Ruixin Light Alloy Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of industrial precision aluminum alloy components. The Company's products are mainly functional and structural components, such as power electronic radiators, automation equipment and medical equipment precision components and automotive lightweight components, including inverter radiators, precision aluminum alloy motor housings, laser cutting machine components, aluminum alloy medical equipment side rails, car bumpers and others. Its products are used in inverters, inverters, communication base stations, automated machinery and equipment, various industrial special motors, large medical equipment, transmission vehicles and new energy vehicles. The Company conducts its businesses within the China market and to overseas markets.
TIANJIN RUIXIN TECHNOLOGY CO.,LTD 
