Certain A Shares of Jiangsu Changshu Rural Commercial Bank Co., Ltd. are subject to a Lock-Up Agreement Ending on 30-SEP-2019.
September 29, 2019
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Certain A Shares of Jiangsu Changshu Rural Commercial Bank Co., Ltd. are subject to a Lock-Up Agreement Ending on 30-SEP-2019. These A Shares will be under lockup for 1103 days starting from 22-SEP-2016 to 30-SEP-2019.
Details:
Bank of Communications committed to a lockup period of 36 months after the listing date.
The company’s directors, supervisors, management personnel who hold shares in the company including Song Jianming, Xu Huichun, Zou Zhenrong, Zhang Yiliang, Qian Yuebao, Chen Yu, Huang Yongbin, Shi Jian, Xue Wen, Peng Xiaodong, the relatives of the issuer’s directors, supervisors, management personnel, company staff, 68 shareholders who jointly hold 51.22% stake in the company, and the newly added shareholders during the reporting period committed to a lockup period of 36 months from the listing date.
Jiangsu Changshu Rural Commercial Bank Co Ltd is a China-based company mainly engaged in banking and related financial services. The Bank operates three reporting segments. The Company's Business segment mainly provides services to corporate customers, including corporate loans, bill issuance, trade financing, corporate deposits, and remittance services. The Personal Business segment mainly provides banking services to private customers, including retail loan business, savings deposit business, credit card business and remittance business. The Treasury Business segment includes trading financial instruments, bond investment, bond repurchase and resale business, and inter-bank lending business.