Certain A Shares of Beijing Emerging Eastern Aviation Equipment Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-AUG-2021.
August 27, 2021
Share
Certain A Shares of Beijing Emerging Eastern Aviation Equipment Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-AUG-2021. These A Shares will be under lockup for 1097 days starting from 27-AUG-2018 to 28-AUG-2021.
Details:
The company's holding shareholder and actual controller Dai Yue and shareholders Hao Mengqiao, Wang Ping, and Dai Xiaolin committed to not transfer or entrust to a third party the company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date.
The company's other shareholders committed to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.
BEIJING EMERGING EASTERN AVIATION EQUIPMENT CO., LTD. is a China-based company principally engaged in the research, development, manufacture and sales of aviation equipment based on servo control technology, as well as the provision of related technical services. The Company's main products are airborne suspension/launching devices, such as rack-mounted random systems and turret random systems. The Company also provides aviation equipment, such as aircraft information management and recording systems, integrated testing and support systems, as well as military autonomous controllable computers. The Company's products are mainly applied in aerospace equipment, such as helicopters, fixed-wing aircrafts and drones.