Certain A Shares of Shanghai Aiyingshi CO., LTD. are subject to a Lock-Up Agreement Ending on 23-MAR-2021.
March 22, 2021
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Certain A Shares of Shanghai Aiyingshi CO., LTD. are subject to a Lock-Up Agreement Ending on 23-MAR-2021. These A Shares will be under lockup for 1096 days starting from 23-MAR-2018 to 23-MAR-2021.
Details:
The company's actual controllers Shi Qiong, Mo Ruiqiang, Qi Jiwei, Dong Qincun, Shanghai Maoqiang Investment Management Partnership Enterprise (Limited Partnership), and Mo Ruiwei committed not to 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 not to 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.
Shanghai Aiyingshi Co., Ltd is a China-based company principally engaged in the sales of maternal and baby products and the provision of related services. The Company is a chain retailer which provides maternal and baby supplies, as well as prenatal and baby health services for pre-pregnancy to 6-year-old infant families. The Companyâs products mainly include infant milk powder, nutritional products, diapers, feeding supplies, toys, baby clothing, toiletries, maternity products, cotton textiles, strollers and others. The Company mainly distributes its products through direct sale stores and e-commerce channels.