Certain A Shares of Hangzhou XZB Tech Co.,Ltd are subject to a Lock-Up Agreement Ending on 9-FEB-2020.
February 08, 2020
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Certain A Shares of Hangzhou XZB Tech Co.,Ltd are subject to a Lock-Up Agreement Ending on 9-FEB-2020. These A Shares will be under lockup for 1110 days starting from 25-JAN-2017 to 9-FEB-2020.
Details:
Company stockholders Hangzhou Zuofeng Investment Management Co., Ltd. and Hangzhou Youyuan Investment Management Co., Ltd. commit not transfer or entrust to others shares directly or indirectly held in the company, nor allow the company to repurchase the said shares within 36 months from the listing date.
Company stockholders Hangzhou Fuhe Investment Management Co., Ltd., Feng Yousheng, Pan Xingquan and Shanghai Guanyu Venture Capital Partnership Enterprise (limited partnership) commit not transfer or entrust to others shares directly or indirectly held in the company, nor allow the company to repurchase the said shares within 12 months from the listing date.
Hangzhou XZB Tech Co., Ltd. is principally engaged in research and development, manufacture and sales of precision cold forging parts. Its products include valve stack precision cold forging parts, valves train precision cold forging parts and other precision cold forging parts. The Company distributes its products within the domestic market and to overseas market.