Certain Ordinary Shares of Bairong Inc. are subject to a Lock-Up Agreement Ending on 30-SEP-2021. These Ordinary Shares will be under lockup for 184 days starting from 30-MAR-2021 to 30-SEP-2021. Details: The Controlling Shareholders have undertaken to the Stock Exchange and the Company that they will not and will procure that the relevant registered holder(s) will not in the period commencing on the date by reference to which disclosure of their holding of Shares is made in this document and ending on the date which is six months from the Listing Date, dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of the Shares in respect of which they are shown by this document to be the beneficial owner. They have agreed not to offer any such shares for an additional six month period, if following such disposal, they cease to be the controlling shareholders of the company.