Certain A Shares of WuXi Xinje Electric Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-DEC-2019.
December 18, 2019
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Certain A Shares of WuXi Xinje Electric Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-DEC-2019. These A Shares will be under lockup for 1102 days starting from 12-DEC-2016 to 19-DEC-2019.
Details:
The Company’s actual controller, controlling shareholder, Chairman of the Board and General Manager Li Xin, Zou Junyu, Ji Feng, company’s directors, supervisors or senior management members shareholders Xu Shaofeng, Zhang Li, Guo Zhiqiang, Lu Xifeng, Zhou Xiangrong, Gao Ping and Xu Yongguang and company’s other shareholders except Li Xin, Zou Junyu, Ji Feng, Xu Shaofeng, Zhang Li, Guo Zhiqiang, Lu Xifeng, Zhou Xiangrong, Gao Ping and Xu Yongguang committed to not transfer the shares within 36 months from the listing date.
WuXi Xinje Electric Co Ltd is a company engaged in research and development, production and sales of industrial automation control products. The Company's products are comprised of electrical control integrated applications and electrical control systems which include programmable controllers, human-machine interfaces, drive systems and machine vision. Its products are used in packaging machinery, computer numerical control (CNC) machine tools, glass machinery and woodworking machinery.