Certain Ordinary Shares of Jinmao Property Services Co., Limited are subject to a Lock-Up Agreement Ending on 9-SEP-2022. These Ordinary Shares will be under lockup for 184 days starting from 9-MAR-2022 to 9-SEP-2022.

Details:
Pursuant to the Hong Kong Underwriting Agreement, China Jinmao has undertaken to the Company and each of the Joint Representatives, the Joint Global Coordinators, the Joint Sponsors, the Joint Bookrunners, the Joint Lead Managers and the Hong Kong Underwriters that, without the prior written consent of the Joint Sponsors and Joint Representatives (for themselves and on behalf of the Hong Kong Underwriters) and unless in compliance with the requirements of the Listing Rules, it will not (save for any lending of the Shares by it pursuant to the Stock Borrowing Agreement), during the First Six-Month Period.

The expiry of the Second Six-Month Period, in the event that it enters into any of the transactions specified in paragraphs (a), (b) or (c) above in respect of the Locked-up Securities or offers to or agrees to or announces any intention to effect any such transaction, it will take all reasonable steps to ensure that any such transaction, offer, agreement or announcement will not create a disorderly or false market in the Shares or any other securities of the Company.

Any time from the date of the Hong Kong Underwriting Agreement up to and including the date falling 12 months after the Listing Date, it will (a) if and when it pledges or charges any Shares or other equity securities of the Company beneficially owned by it, immediately inform the Company in writing of such pledge or charge together with the number of Shares or other equity securities of the Company so pledged or charged; and (b) if and when it receives indications, either verbal or written, from any pledgee or chargee that any of the pledged or charged Shares or other equity securities of the Company will be disposed of, immediately inform the Company in writing of such indications.