Certain A Shares of Suzhou Tianmai Thermal Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 25-OCT-2025.
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Certain A Shares of Suzhou Tianmai Thermal Technology Co., Ltd. are under a Lock-Up Agreement until 25-OCT-2025. The lockup lasts 373 days from 17-OCT-2024, preventing shareholders from transferring or managing their shares. If the share price falls below the issue price for 20 consecutive trading days within 6 months post-listing, the lockup extends by 6 months. After the lockup, annual transfers are limited to 25% of total shares held. Various shareholders and management have made similar commitments regarding share transfers.
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