Certain A Shares of Beijing-Shanghai High-Speed Railway Co.,Ltd. are subject to a Lock-Up Agreement Ending on 6-JAN-2021. These A Shares will be under lockup for 367 days starting from 5-JAN-2020 to 6-JAN-2021.
The Company's actual controller China Railway Corporation, controlling shareholder China Railway Investment Corp committed that 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.
Shareholders Ping An Asset Management Co., Ltd., Shanghai Shentie Investment Co., Ltd., Jiangsu Railway Group Co., Ltd., Nanjing Railway Construction Investment Co., Ltd., Shandong Railway Construction Investment Co., Ltd., Tianjin Railway Construction Investment Holdings (Group) Co., Ltd., Beijing Infrastructure Investment Co., Ltd., Anhui Investment Group Co., Ltd., Bank of China Group Investment Co., Ltd. and Hebei Jiantou Transportation Investment Co., Ltd and Shareholder National Council for Social Security Funds committed that within 12 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company.