Certain A-Shares of Zhejiang CF Moto Power Co., Ltd. are subject to a Lock-Up Agreement Ending on 14-AUG-2020.
August 13, 2020
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Certain A-Shares of Zhejiang CF Moto Power Co., Ltd. are subject to a Lock-Up Agreement Ending on 14-AUG-2020. These A-Shares will be under lockup for 1100 days starting from 10-AUG-2017 to 14-AUG-2020.
Details:
The company’s controlling shareholder Chunfeng Holding Group Co., Ltd., the company’s shareholders including Chongqing Chunfeng Investment Co., Ltd., Lin Axi, Lai Jinfa, Lai Xuehua, Lin Zhiping, Lai Minjie and Lai Donghua committed that within 36 months from the listing date, will not transfer nor entrust to others for the management of the company’s shares, nor allow the company to repurchase the said shares.
Other 89 shareholders including Hangzhou Robam Industrial Group Co., Ltd., Qiu Jianping and Xuancheng Fuguo Yinyang Investment Center (LP) committed that within 12 months from the listing date, will not transfer nor entrust to others for the management of the company’s shares, nor allow the company to repurchase the said shares.
Zhejiang CFMoto Power Co., Ltd. is a China-based company which is mainly engaged in research and development, manufacture and sales of all terrain vehicles, motorcycles, yachts and post market supplies. The Companyâs main products include 400cc to 800cc displacement section of the four-wheel all-terrain vehicles, 125cc-250cc small displacement motorcycles, 250cc-500cc medium displacement motorcycles, 500cc or more larger displacement motorcycles. The Companyâs products are mainly used in outdoor operations, industrial constructions, sports and leisure, fire patrols, military defense and other fields. The Companyâs main product series include CForce series, UForce series, ZForce series and others.
ZHEJIANG CFMOTO POWER CO.,LTD 
