Certain A Shares of Shanxi Huaxiang Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-SEP-2023. These A Shares will be under lockup for 1110 days starting from 3-SEP-2020 to 18-SEP-2023.

Details:
The company?s actual controller Wang Chunxiang, Wang Yuan, Wang Jing and holding stockholder Shanxi Linfen Huaxiang Industries Co., Ltd committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months after the company?s share listing date.

Those serving as directors, supervisors, senior management personnel who are direct or indirect shareholders, namely, Lu Haixing, Zhang Min, Zhang Jie, Ma Yiguang, Xie Li, Cheng Yi, Guo Yongzhi, Zhang Yufei; other company shareholders, namely, Shanxi Communications Development and Investment Group Co., Ltd, Guangzhou Wanbao Changrui Investment Co., Ltd., Linfen Zhuoxiang Capital Management Center (Limited Partnership), Linfen Huayue Capital Management Center (Limited Partnership), Shenzhen Gaoshengyuan Investment Enterprise (Limited Partnership), Khorgos Shengshi Qinyue Equity Investment Partnership Enterprise (Limited Partnership), Ningxia Shengshi Borun Investment Partnership Enterprise (Limited Partnership) and Ningbo Meishan Free Trade Port Area Shengshi Tianze Investment Partnership Enterprise (Limited Partnership), Deng Chunchen, Sun Wenli, Yin Jie, Ren Rui, Yu Gaofeng committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months after the company?s share listing date.