Certain A Shares of Delixi Xinjiang Transportation Group Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-JAN-2020.
January 04, 2020
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Certain A Shares of Delixi Xinjiang Transportation Group Co.,Ltd. are subject to a Lock-Up Agreement Ending on 5-JAN-2020. These A Shares will be under lockup for 1104 days starting from 27-DEC-2016 to 5-JAN-2020.
Details:
The company's shareholder, Delixi Xinjiang Investment Group Co., Ltd, shareholder Ma Yuejin and individuals Hu Chengzhong includeHu Chengguo, Bao Xiujie, Bao Xiudong, Zhang Yong, Lin Shaodong, Huang Shengmao, Huang Shengzhou and Hu Chenghu 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 shareholder Xinjiang Uygur Autonomous Region State-owned Assets Investment Management Co., Ltd and shareholder Ma Yuejin 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.
Delixi New Energy Technology Co Ltd, formerly DELIXI XINJIANG Transportation Co Ltd, is a China-based company principally engaged in lithium battery cutting equipment business. The Company is mainly engaged in two businesses. The lithium battery cutting equipment business is mainly engaged in the research and development and technical services of high-precision lithium battery automatic cutting dies and lithium battery automatic cutting dies. The road passenger transportation business mainly includes shuttle passenger transportation business and passenger transportation agency business. The Company is also engaged in the leasing of houses and warehouses, vehicle maintenance business, the sales of vehicle accessories and road freight business.
DELIXI NEW ENERGY TECHNOLOGY CO., LTD. 
