Certain Shares of China MeiDong Auto Holdings Limited are subject to a Lock-Up Agreement Ending on 9-APR-2023. These Shares will be under lockup for 90 days starting from 9-JAN-2023 to 9-APR-2023.

Details:
the lock-up period of 90 days is in line with the market practice and is a result of the arm's length commercial negotiation between the Company and the Placing Agent