Certain A Shares of Nanhua Futures Co., Ltd. are subject to a Lock-Up Agreement Ending on 30-AUG-2020. These A Shares will be under lockup for 374 days starting from 22-AUG-2019 to 30-AUG-2020. Details: The actual controller Hengdian Group Holdings Co., Ltd., Hengdian Association of Economic Enterprises, the company's shareholders Zhejiang Hengdian Import and Export Co., Ltd., Hengdian Group East Magnetic Co., Ltd. and Dongyang Henghua Investment Partnership (Limited Partnership), the natural people that are limited partners of the Company's shareholder Dongyang Henghua Investment Partnership (Limited Partnership) have promised that within 36 months since the date of listing of the present shares, there will not be any transfer 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 months from listing, lock-up period will be automatically extended for another 6 months. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. Other shareholders of the Company, Beijing Yiguang Investment Management Co., Ltd., Shenzhen Jianyin Nanshan Investment Co., Ltd., Everbright Jinkong (Tianjin) Venture Capital Co., Ltd., Zhejiang Lingqing Venture Capital Co., Ltd., Shanghai Shanheng Investment Management Co., Ltd., Fuxiang, Gansu Materials Co., Ltd., Dawei Investment Management Co., Ltd., have promised that within 12 months since the date of listing of the present shares, there will not be any transfers nor entrustment of shares to any third party nor repurchase by the company. Directors, Supervisors and Senior Management of the Company, Xu Wencai, Li Baoping, Xu Feiyu, Guan Qingyou, Zhang Hongying, Chen Rong, Luo Xufeng, Li Guoping, Wang Li, Xia Haibo, Ye Ke, Zhang Zijian, Qi Ru, Tang Qijun, Zhu Bin, Wu Jin, Wang Zhenghao Li Jianping and Zhong Yiqiang have promised that during the period of acting as the director and/or senior executive of the issuer, the annual transfer of shares will not exceed 25% of the total number of issuer shares held; within 6 months after resigning, the issuer's shares held by the Company will not be transferred. If any of the parties were to resign within 6 months from the present IPO, neither direct nor indirect holdings might be transferred or sold for 18 months since the date of rescinding. If the parties resign within 7 to 12 months after the IPO, neither direct nor indirect holdings might be transferred or sold for 12 months since the date of rescinding.