Certain A Shares of Wuhan Kotei Informatics Co.,Ltd. are subject to a Lock-Up Agreement Ending on 23-DEC-2022. These A Shares will be under lockup for 371 days starting from 17-DEC-2021 to 23-DEC-2022.
Details:
Controlling shareholder and actual controller, Zhu Dunyao and close relative of the controlling shareholder and actual controller shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares, within 36 months after the listing date. If the closing price of the companyÆs share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the companyÆs share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the companyÆs director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
Other Directors, Supervisors, Senior Managers, Wang Junde and Li Senlin shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares, within 12 months after the listing date. If the closing price of the companyÆs share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the companyÆs share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the companyÆs director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.
Other natural person shareholders and SAIC (Changzhou) Innovation Development Investment Fund Co., Ltd., Jianmu (Shanghai) Investment Management Co., Ltd., Shanghai Jianmu Jianguan Investment Management Center (Limited Partnership), Guangzhou Hi-Target Navigation Tech Co., Ltd. shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares, within 12 months after the listing date.
Employee shareholding platforms, Wuhan Dingli Hengfeng Enterprise Management Partnership Enterprise (Limited Partnership), Wuhan Liyuan Qixin Investment Management Partnership Enterprise (Limited Partnership) shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares, within 36 months after the listing date.
According to the final issuance price, the issuerÆs senior management and core staff special asset management plan that Sinolink Securities Kotei Information employees participate in the GEM strategic placement collective asset management planÆs final strategic placement number of shares is 612,390 shares, accounting for 2.64% of the number of this issuance. The restricted period of allotted shares is 12 months.