Certain Ordinary Shares of SANVO Fine Chemicals Group Limited are subject to a Lock-Up Agreement Ending on 15-JAN-2021. These Ordinary Shares will be under lockup for 366 days starting from 15-JAN-2020 to 15-JAN-2021. Details: The controlling shareholders of the company, namely, Ernest Chen and Sanvo Fine Chemicals Limited have agreed to lock-up restrictions for a period of six months after the listing date. Which is expected to be July 15, 2020. The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company. Which is expected to be January 15, 2021.