Certain A Shares of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-JUN-2023.
Details:
The Companyâs holding shareholder Shanghai Electric Cable Research Institute Co., Ltd. and indirect holding shareholder Shenergy (Group) Co., Ltd. committed not to transfer or entrust to a third party the companyâs 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 companyâs shareholder China Quality Certification Centre committed not to transfer or entrust to a third party the Companyâs shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.