Wave mother and Microsoft sign lock-up period

Wave International announced that the parent company Wave Group and Microsoft signed an agreement, the mutual commitment to lock up its stake in the company, Microsoft pledged not to transfer or dispose of its actual interests, including from August 29, 08 (that is, the tide to the motherboard listing date) 36 months.　　Microsoft now holds a wave of 234 million preferred shares (with the right to convert to 1.171 billion), accounting for about 27.41% of the total voting rights of shareholders and preferred shares. The wave group also undertakes not to transfer or dispose of the actual rights and interests of any shares held by the company at any time during the limited period.