Certain A Shares of Shangda Superalloys Co., Ltd. are subject to a Lock-Up Agreement Ending on 16-OCT-2025.
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Certain A Shares of Shangda Superalloys Co., Ltd. are under a Lock-Up Agreement until 16-OCT-2025. The lock-up lasts 370 days from 11-OCT-2024, preventing shareholders from transferring shares. Key commitments include a 36-month restriction for major shareholders and a 12-month restriction for directors and management. If share prices fall below the issuance price, the lock-up may extend by 6 months. Post-lock-up, shareholders can only transfer 25% of their shares annually while in office.
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