Certain A Shares of Wuhan EasyDiagnosis Biomedicine Co.,Ltd. are subject to a Lock-Up Agreement Ending on 10-JUL-2021.
July 09, 2021
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Certain A Shares of Wuhan EasyDiagnosis Biomedicine Co.,Ltd. are subject to a Lock-Up Agreement Ending on 10-JUL-2021. These A Shares will be under lockup for 1097 days starting from 9-JUL-2018 to 10-JUL-2021.
Details:
The controlling shareholder and actual controller, Chen Lili and Wang Ying, Shareholder Xinyu Chenheng Investments Partnership (L.P.), Chen Xintao and Wang Rui committed that within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the company.
The shareholders Shanghai Qijia Investments Joint Partnership (L.P.), Zhou Qin, Wang Hanying, Xinyu Renhe Anhui Investments Joint Partnership (L.P.)m Xinyu Renhe Anhua Investments Joint Partnership (L.P.) committed that within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the company.
The directors, supervisors and management personnel at the issuing company committed that yearly transfer of shares will not exceed 25% of the holding, both direct and indirect, held by the present parties. In the event of a resignation before the expiry of the term of office, the mentioned undertaking will continue to be maintained for six months. All other shareholders commit to a lock up period of 12 months.
Wuhan Easy Diagnosis Biomedicine Co., Ltd. is a China-based company which is mainly engaged in research and development, manufacture and sales of Point of Care Testing (POCT) rapid diagnostic reagents and quick testing instruments. The Company's main products are POCT rapid diagnostic reagents, which can be divided into six categories: infectious diseases, cardiovascular and cerebrovascular diseases, kidney diseases, diabetes, gynecology and eugenics, and health checkups. The Company's main products are mainly used in domestic hospitals, health service centers, community clinics, medical examination centers and other medical institutions.