Certain A Shares of Guangdong Brandmax Marketing Co.,Ltd. are subject to a Lock-Up Agreement Ending on 22-NOV-2022. These A Shares will be under lockup for 1098 days starting from 20-NOV-2019 to 22-NOV-2022.

Details:
The company's holding shareholder, actual controller Liang Dingjiao, Huang Yong, Zeng Jun, Wu Fang, Yuan Jintao, Zhang Li; Tianfu International Group Development Co., Ltd., Jinjin International Group Development Co., Ltd., Fengshang International Group Development Co., Ltd., Shunchang International Group Development Co., Ltd., Tianyun International Group Development Co., Ltd., Shangrui Group Development Co., Ltd., which are controlled by the company's holding shareholder and actual controller 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. If, within 6 months after the 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.

Shareholders acting as the company's supervisor including Weng Xiuhua, He Manyan, Lao Jiancheng; shareholder acting as the company's management personnel including Liu Ying; shareholders owning more than 5% stake in the company including Oversea-Chinese Banking Corporation Limited and Lion-OCBC Capital Asia I Holding Pte. Ltd; other shareholders directly holding shares in the company incluidng Guangzhou Dingtian Investment Management Center (Limited Partnership), Guangzhou Boshun Investment Management Center (Limited Partnership), Guangzhou Shangyue Investment Management Center (Limited Partnership), Guangzhou Jinchuang Investment Management Center (Limited Partnership), Cowin Tiannuo Limited, Zhuhai Aotuo Investment Center Partnership Enterprise (Limited Partnership), Qianhai Equity Investment Fund (Limited Partnership) 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. If, within 6 months after the 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.