Jinglv Environment Science and Technology Co. Ltd’s certain A-shares are subject to a lock-up agreement expiring on 15-JUL-2023. These A-shares will be locked up for 369 days from 11-JUL-2022 to 15-JUL-2023.
Details:
The company’s original controllers Yu Xiaoxia, Yu Xiaojuan, Yu Hongbo, shareholder Hefei Jinglv Environment Investment Partnership Enterprise (Limited Partnership), directors and senior management Wang Chuanhua and Huang Zengrong committed to transfer or provide a third party. They either directly or indirectly hold shares of the company prior to issuance, or allow the company to buy back those shares within 36 months from the date of listing. If, within 6 months after listing, the closing price of the shares is lower than the issue price for 20 consecutive trading days or the trading price is lower than the issue price after 6 months after listing, the lock-up period will be automatically extended. For another 6 months. After the expiration of the lock-up, while still in office, Yu Xiaoxia, Yu Xiaowan, Yu Hongbo, Wang Chuanhua and Huang Zengrong committed not to transfer more than 25% of the shares held each year.
The company’s supervisor Chen Shifang and shareholders Anhui Xinan Jishi Industrial Growth Fund Partnership Enterprise (Limited Partnership), Hangzhou Chengshuo Venture Capital Partnership Enterprise (Limited Partnership, Jishims Partnership), ), Hefei Shengri Enterprise Management Partnership s Enterprise (General Partnership) directly or indirectly before issue undertake not to transfer or entrust the shares of the company held to a third party, or allow the company to buy back those shares within 36 months from the date of listing. After the expiration of the lock-up, Chen Shifang committed not to transfer more than 25% of the shares held each year while still in office.
The company’s shareholders are Haitong Xingtai (Anhui) Emerging Industries Investment Fund (Limited Partnership), Hefei Guoyao Exploit Venture Capital Partnership Enterprise (Limited Partnership), Guoyuan Innovation Investment Co., Anhu F Guund. Ltd., Chizhou Huiyuan SME Development Fund Partnership Enterprise (Limited Partnership) will not transfer or entrust the shares of the company that they directly or indirectly hold to a third party before the issuance, or allow the company to buy back those shares within 12 months from the listing date.