Common use of Maintenance of public float Clause in Contracts

Maintenance of public float. Each of the Company and the Controlling Shareholder agrees and undertakes that it will not, and the Controlling Shareholder further undertakes to procure that the Company will not, effect any purchase of Shares, or agree to do so, which may reduce the holdings of Shares held by the public (as defined in Rule 8.24 of the Listing Rules) below 25% on or before the date falling six months after the Listing Date without first having obtained the prior written consent of the Sole Sponsor and the Sole Global Coordinator (acting in such capacity and as the Hong Kong Underwriter).

Maintenance of public float. Each of the The Company and the Controlling Shareholder agrees and undertakes that it will not, and the Controlling Shareholder further undertakes to procure that the Company will not, not effect any purchase of Shares, or agree to do so, which may reduce the holdings of Shares held by the public (as defined in Rule 8.24 of the Listing Rules) below 25% on or before the date falling six months after the Listing Date without first having obtained the prior written consent of the Sole Sponsor and the Sole Global Coordinator (acting in such capacity for itself and as on behalf of the Hong Kong UnderwriterUnderwriters).

Maintenance of public float. Each of the The Company and the Controlling Shareholder agrees and undertakes that it will not, and the Controlling Shareholder further undertakes to procure that the Company will not, not effect any purchase of Shares, or agree to do so, which may reduce the holdings of Shares held by the public (as defined in Rule 8.24 of the Listing Rules) below 25% on or before the date falling six months after the Listing Date without first having obtained the prior written consent of the Sole Sponsor and the Sole Global Overall Coordinator (acting in such capacity and as on behalf of the Hong Kong UnderwriterUnderwriters).