Certain A Shares of Bank of Qingdao Co., Ltd. are subject to a Lock-Up Agreement Ending on 16-JAN-2022.
January 15, 2022
Share
Certain A Shares of Bank of Qingdao Co., Ltd. are subject to a Lock-Up Agreement Ending on 16-JAN-2022. These A Shares will be under lockup for 1097 days starting from 15-JAN-2019 to 16-JAN-2022.
Details:
The Guosin Enterprises Co., Ltd, shareholder holding more than 5% of the total issued share capital, committed that 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.
Haier Investments Co., Ltd, Qing Dao Haier Air conditioning electric Co., LTD , Qingdao Haier Holdings, Haier Molding, Haier Gongzhuang, Haier Robots Co., Ltd., Haier Insurance Co., Ltd, Haier Air conditioning Co., Ltd and Haier Special Electric Refrigerators Co., Ltd. and Shandong Sanliyuan Economic & Trade Co., Ltd., Qingdao Hairen Investment Co., Ltd., Qingdao Shifa Group Co., Ltd., Shanghai Jiacheng Investment Management Co., Ltd., Beijing International Trust Co., Ltd., Qingdao Enterprise Development Investment Co., Ltd., Guosen Securities Co., Ltd. Company, Qingdao Economic Development and Investment Co., Ltd., Qingdao Baymont Industrial Co., Ltd., Qingdao New Hongfang Group Co., Ltd., United Venture Group Co., Ltd., Hang Seng Electronics Co., Ltd., Qingdao Jinwang Applied Chemistry Co., Ltd committed that 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.
The shareholders Shi Ronghua, Gao Yanrong, Ding Ruchun, Li Hong and Zhou Zaizhong committed that within 12 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.
Bank of Qingdao Co., Ltd. is principally engaged in corporate banking business. The Company operates its business through four segments. The Corporate Banking segment is engaged in the provision of a range of financial products and services to corporations, government agencies and financial institutions. The Retail Banking segment is engaged in the provision of a range of financial products and services to individual customers. The Financial Market Business segment is engaged in the Companyâs financial market operations, including inter-bank money market transactions, repurchases transactions, investments in debt securities and non-standardized debt investments. The Un-allocated Items and Others segment is engaged in head office assets, liabilities, income and expenses that are not directly attributable to a segment.