Certain A Shares of QuantumCTek Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-JUL-2023.
July 08, 2023
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Certain A Shares of QuantumCTek Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-JUL-2023. These A Shares will be under lockup for 1104 days starting from 30-JUN-2020 to 9-JUL-2023.
Details:
The Companyâs actual controller USTC Holdings Co., Ltd., companyâs shareholder Peng Chengzhi, companyâs shareholders Cheng Datao, Liu Zhiwei, Yu Xiaofeng, Fei Gesheng, Feng Hui, companyâs shareholder Pan Jianwei, companyâs shareholders Hefei Kunteng Equity Investment Partnership Enterprise (Limited Partnership), Ningbo Meishan Bonded Port Area Kunteng Investment Partnership Enterprise (Limited Partnership), Hefei Bianying Equity Investment Partnership Enterprise (Limited Partnership), companyâs shareholder Chen Zengbing committed not to transfer or entrust to a third party the companyâs shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the companyâs share listing date. If, within 6 months after the listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.
The Companyâs director, Director-General, and chief engineer Zhao Yong, companyâs director Wang Genjiu and senior management Chen Qing, Zhang Jun, Feng Sibo, companyâs shareholder Anhui Runfeng Investment Group Co., Ltd., Wang Fengxian, companyâs shareholders Chinese Academy of Sciences Holdings Co., Ltd., Hangzhou Zhaofu Investment Partnership Enterprise (Limited Partnership), Tianjin Junlian Linhai Enterprise Management Advisory Partnership Enterprise (Limited Partnership), Shuhua Technology Development (Shenzhen) Co., Ltd., Suzhou Industrial Park Weiqian Investment Enterprise (Limited Partnership), Shenzhen Taisheng Jiapeng Investment Center (Limited Partnership), Guoyuan Di, Anhui Guoyuan Capital Co., Ltd., Shenzhen Tuosen Investment Holding Co., Ltd., Hangzhou Yisheng Investment Partnership Enterprise (LP), Hangzhou Hongfu Investment Management Partnership Enterprise (Limited Partnership), Peng Qingyu, Du Junhong, Yang Tao, Lou Yongliang committed not to transfer or entrust to a third party the companyâs shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the companyâs share listing date. If, within 6 months after the listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.
QuantumCTek Co Ltd is a China-based company mainly engaged in research, development, production, sales and technical services of quantum communication products. The Company provides software and hardware products for the construction of various optical fiber quantum secret communication networks and satellite-ground integrated wide area quantum secret communication ground stations, and provides networking and quantum security application solutions for government affairs, finance, power, defense and other industries and fields. The Company's main products include quantum secret communication network core equipment, quantum security application products, core components and management and control software. The Company mainly conducts its businesses within the domestic market.