Certain A Shares of Guangdong Taienkang Pharmaceutical Co., Ltd are subject to a Lock-Up Agreement Ending on 30-MAR-2023. These A Shares will be under lockup for 371 days starting from 24-MAR-2022 to 30-MAR-2023.

Details:
The company's holding shareholder, actual controller Zheng Hanjie, Sun Weiwen promised that within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Actual controller's relatives Zheng Hanqiang, Zhou Pengwei, Sun Tao promised that within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Shareholder Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership) promised that within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Shareholder Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership) promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

Shareholder Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership) also promised, aside from the above commitment, within 36 months after the completion of the registration modificaiton for becoming a shareholder of the company (June 29, 2020), will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares.

Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership)'s partner promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership)'s partner also promised, aside from the above commitment, within 36 months after the completion of the registration modificaiton for Zhangshu Huabo Jingcheng Investment Management Center (Limited Partnership)'s becoming a shareholder of the company (June 29, 2020), will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares.

Shareholders Shenzhen Ruilande Equity Investment Fund Partnership Enterprise (Limited Partnership) and Shenzhen Julande Equity Investment Fund Partnership Enterprise (Limited Partnership) promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Wei Xian and Xu Yang promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Wei Xian and Xu Yang also promised, aside from the above commitment, within 36 months after the completion of the registration modification for becoming a shareholder of the company (June 29, 2020), will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Guo Quanqing promised that within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Guo Quanqing also promised aside from the above commitment, for the 237,000 shares in the company acquired from Zheng Hanjie on June 8, 2020, within 36 months after the listing date, will not transfer nor entrust to others for management the said shares, nor allow the company to repurchase the said shares.