Certain A Shares of Anhui Hwasu Co.,Ltd. are subject to a Lock-Up Agreement Ending on 26-NOV-2022. These A Shares will be under lockup for 374 days starting from 17-NOV-2021 to 26-NOV-2022.

Details:
The Company's holding shareholder Hbcoal.com Inc. has committed not to transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.

The Company's shareholders Anhui Wantou Industrial Investment Co., Ltd., CCB Financial Asset Investment Co., Ltd., China Chengda Engineering Co., Ltd., Dingyuan County State-Owned Asset Operations Co., Ltd., Magang Group Investment Co., Ltd., and China Salt Dongxing Salt Chemical Co., Ltd. have committed not to transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.