Certain A Shares of GDH Supertime Group Company Limited are subject to a Lock-Up Agreement Ending on 16-NOV-2023. These A Shares will be under lockup for 377 days starting from 4-NOV-2022 to 16-NOV-2023.

Details:
Guangdong Holdings Limited, the controlling shareholder of the issuer, promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. Company shareholders Guangzhou Yueshun No. 1 Business Consulting Partnership (Limited Partnership), Guangzhou Yueshun No. 2 Business Consulting Partnership (Limited Partnership), Guangzhou Yueshun No. 3 Business Consulting Partnership (Limited Partnership), Guangzhou Yueshun No. 4 Business Consulting Partnership (Limited Partnership) are platforms for employee stock ownership, and as new shareholders within 12 months before the IPO declaration, the promised within 36 months from the date of registration as a shareholder of the issuer and Within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. The company?s shareholding directors and senior executives Gao Rongli, Luo Jiankai, Wang Qin, Zhang Qian and Zhang Liwen promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Shareholders Guangdong Yueke Yueguan Technology Innovation Investment Center (Limited Partnership), Guangdong Yueke Intellectual Property Venture Capital Center (Limited Partnership), Guangdong Yueke Zhenyue No. 1 Equity Investment Partnership (Limited Partnership), Zhuhai Hengqin Wenshi No. 3 Equity Investment Fund Partnership (Limited Partnership), Guangzhou Kaizhi Equity Investment Partnership (Limited Partnership), Guangzhou Yuexiu Zhichuang Upgrading Industrial Investment Fund Partnership (Limited Partnership), Guangzhou Linfa Equity Investment Management Enterprise (Limited Partnership), Guangzhou Financial Innovation Investment Holding Co., Ltd., Guangzhou Hongde No. 8 Equity Investment Partnership (Limited Partnership), Guangzhou Xingtai Venture Capital Partnership (Limited Partnership), Guangdong Xiangrong Equity Investment Fund Management Co., Ltd., Guangzhou Xincheng Equity Investment Fund Partnership (Limited Partnership), Guangzhou Huacheng Venture Capital Partnership (Limited Partnership), Guangzhou Time Variety Investment Partnership (Limited Partnership), Guangzhou Nanyue Dingxin Equity Investment Center (Limited Partnership) promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.