Certain A Shares of Zhejiang Zhe Kuang Heavy Industries Co., Ltd. are subject to a Lock-Up Agreement Ending on 5-JUN-2023.
June 04, 2023
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Certain A Shares of Zhejiang Zhe Kuang Heavy Industries Co., Ltd. are subject to a Lock-Up Agreement Ending on 5-JUN-2023. These A Shares will be under lockup for 1099 days starting from 1-JUN-2020 to 5-JUN-2023.
Details:
The shareholders, Chen Lihua, Chen Liqun, Chen Lianfang, Chen Ligang, Duan Yinwen, and Huzhou Jundu Investment Management Co., Ltd. have agreed not to dispose off any shares for a period of 36 months from the listing date.
The shareholder, Zhejiang Venture Capital Group Co., Ltd. has agreed not to dispose off any shares for a period of 12 months from the listing date.
Zhe Kuang Heavy Industry Co Ltd, formerly Zhejiang Zhe Kuang Heavy Industry Co Ltd, is a China-based company mainly engaged in research, development, design, production and sales of complete crushing and screening equipment. The Company's product types include jaw crushers, cone crushers, impact crushers, hammer crushers, vibrating screens, feeders, washing machines and others, which are used in production and processing of brittle materials such as sand and gravel, mining and environmental protection and other various fields. The Company operates its businesses within the domestic market and to overseas markets such as Myanmar, Cambodia and Malaysia.