Certain A Shares of Guangdong Haomei New Material Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-MAY-2023. These A Shares will be under lockup for 1103 days starting from 11-MAY-2020 to 19-MAY-2023.

Details:
The company's holding shareholder Qingyuan Haomei Investment Holding Group Co., Ltd., actual controller Dong Weifeng, Dong Weidong, Li Xueqin, Qingyuan Taihe Investment Consulting Co., Ltd., Nanjin Trade Company promised within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

Directors, management personnel who own company shares through Qingyuan Helifu Investment Enterprise (Limited Partnership) (hereafter Helifu), including Liang Zhikang, Xiang Shengqian, Liu Guangmang, Xu Zhongmin, Shu Hongjian, Shen Weisi promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company's share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company's share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

Supervisors who own company shares through Helifu, including Liang Xingmei, Liang Xinqing and other shareholders promised within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.