Certain A Shares of Nanjing Yueboo Power System Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-MAY-2021.
May 07, 2021
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Certain A Shares of Nanjing Yueboo Power System Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-MAY-2021. These A Shares will be under lockup for 1097 days starting from 7-MAY-2018 to 8-MAY-2021.
Details:
The Company’s controlling shareholder, actual controller Li Zhanjiang committed: to not transfer or entrust to a third party the Company’s shares it holds directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
The Company’s shareholders Nanjing Yuebo Jinchi Equity Investment Fund Partnership Enterprise (Limited Partnership), Nanjing Xieheng Equity Investment Fund Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date.
The Company’s shareholders Gao Chao, Shanghai Feijun Leisheng Investment Management Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date.
The Company’s other shareholders apart from those mentioned above committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the completion date of change in business registration of the Company’s shares; to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date.
Nanjng YueBoo Power System Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of new energy vehicle powertrain systems. The Companyâs main products are pure electric vehicle powertrain systems, including vehicle control systems, drive motor systems and automatic transmission systems. The Companyâs products are mainly applied in the field of special vehicles, including pure electric passenger cars and pure electric logistics vehicles. Through its subsidiaries, the Company is also engaged in the provision of complete powertrain solutions for vehicle manufacturers. The Company mainly conducts its businesses in domestic market.