November 2 -- Guangdong Guanhao High Tech (600433.SH), a maker of specialty paper, said five major shareholders gave a commitment that they will not directly or indirectly sell their shares at less than 10.99 yuan per share in the next 18 months, reports yicai.com, citing a company filing yesterday.

According to the filing, China Paper had 93.6 million shares, Guangdong Yuecai Venture Capital Investment held 40.68 million shares, Zhanjiang Economic Technology Development owns 22.94 million shares, while Guangdong Runhua Properties had 6.3 million shares.