Certain Ordinary Shares of YanGuFang International Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 23-SEP-2023. These Ordinary Shares will be under lockup for 180 days starting from 27-MAR-2023 to 23-SEP-2023.

Details:
Each of company?s directors and officers and holders of 5% or more of ordinary shares on a fully diluted basis immediately prior to the consummation of this offering have agreed or are otherwise contractually restricted for a period of 180 days from the date of this prospectus, without the prior written consent of the underwriters not to directly or indirectly: issue (in the case of company), offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of any shares of ordinary share or other capital stock or any securities convertible into or exercisable or exchangeable for ordinary share or other capital stock; file or cause the filing of any registration statement under the Securities Act with respect to any shares of ordinary share or other capital stock or any securities convertible into or exercisable or exchangeable for ordinary share or other capital stock, other than registration statements on Form S-8 filed with the SEC after the closing date of this offering; or enter into any swap or other agreement, arrangement, hedge or transaction that transfers to another, in whole or in part, directly or indirectly, any of the economic consequences of ownership of ordinary share or other capital stock or any securities convertible into or exercisable or exchangeable for ordinary share or other capital stock.