Certain A Shares of Wencan Group Co.,Ltd. are subject to a Lock-Up Agreement Ending on 26-APR-2021.
April 25, 2021
Share
Certain A Shares of Wencan Group Co.,Ltd. are subject to a Lock-Up Agreement Ending on 26-APR-2021. These A Shares will be under lockup for 1104 days starting from 18-APR-2018 to 26-APR-2021.
Details:
The company's shareholders Tang Jiexiong, Tang Jiebang, Tang Jiewei, Tang Jiecao, Foshan Shengdezhi Investment Co., Ltd., Tang Yihan and Tang Yican committed that within 36 months from the listing date, will not transfer nor entrust other parties for the management of the company's shares, directly or indirectly held, nor allow the company to repurchase the said shares.
The company's other shareholders committed that within 12 months from the listing date, will not transfer nor entrust other parties for the management of the company's shares, directly or indirectly held, nor allow the company to repurchase the said shares.
Wencan Group Co Ltd, formerly Guangdong Wencan Die Casting Co Ltd, is a China-based company principally engaged in the research and development, production and sales of automotive aluminum alloy precision die castings. The Company's main products include vacuum pumps, automobile engine blocks, automobile air-conditioning compressors, automobile gearbox housings, automobile steering gear housings and brake parts. Its products are mainly used in automobile engine systems, transmission systems, chassis systems, braking systems, body structures and other auto parts.
WENCAN GROUP CO., LTD. 
