Certain A Shares of Xuchang KETOP Testing Research Institute Co.,Ltd are subject to a Lock-Up Agreement Ending on 23-SEP-2022. These A Shares will be under lockup for 735 days starting from 18-SEP-2020 to 23-SEP-2022.
Details:
Xuchang KETOP Electric Research Institute Co., Ltd. Commits 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. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.
Shareholders Yao Zhiqing, Li Yaping commit Within 36 months since the date of listing of the present shares in the Shenzhen Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them 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 above-mentioned undertaking will continue to be maintained for six months
Senior management personnel holding company stocks, Li Quanxi, Wang Wei, He Chun, Song Xia, Zhang Ran promise Within 12 months since the date of listing of the present shares in the Shenzhen Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them 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 above-mentioned undertaking will continue to be maintained for six months.
Supervisors Fu Runwei and Wang Feng who hold the company's stock promise Within 12 months since the date of listing of the present shares in the Shenzhen Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them 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 above-mentioned undertaking will continue to be maintained for six months.
Other shareholders of the company Su Jing, Chen Xinmei, Yang Xingchao, Liu Guilan, Chen Zhuo, Zhuang Liangwen, Hu Weidong, Chen Ming, Feng Jintao, Ren Chunmei, Zhou Pengpeng, Li Erhai, Wang Wei, Zhang Zhanying, Zhao Huayun, Li Zhiyong, Wang Zhengxia, Jia Defeng, Cao Yuanwei, Qin Haijing, Pan Yi, Qi Wenyan, Ren Gaoquan, Yang Dalin, Zhang Youjun, Zhao Guangxu, Chen Guanghua, Yin Qingwei, Zheng Peng, Li Ran, Liu Yuanwei, Wang Lanjun, Zhang Chen, Li Dandan, Zhou Ping, Li Zongyuan, Sun Xunlei, Li Weidong, Xu Guiying, Song Yanqin promise Within 12 months since the date of listing of the present shares in the Shenzhen Stock Exchange, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company.