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Major shareholder promises to extend lock-up period for one year

Source: Internet
Author: User
Keywords Lockout period shareholder commitment first open
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First Open shares (600376) the company's largest shareholder, Beijing Capital Development Holdings (group) Limited, has locked its shares in the company, the announcement said.　　The first group pledged to release from January 12, 2011 to January 11, 2012, not through the two-level market to reduce the holding of the first open shares of 550 million shares. The IPO of the company's Non-public offering shares was completed on January 9, 2008. The current private issue of restricted circulation shares 550 million shares were lifted on January 12, 2011.

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