Certain A Shares of Shanghai Lily&Beauty Cosmetics Co.,Ltd. are subject to a Lock-Up Agreement Ending on 29-SEP-2023. These A Shares will be under lockup for 1101 days starting from 23-SEP-2020 to 29-SEP-2023.

Details:
The Company's controlling shareholder and actual controller, Huang Tao and Shareholder Ali Networks Co., Ltd commits that within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

Shareholders Crescent Lily Singapore Pte. Ltd., Shanghai Lily Venture Investments Co. Ltd. Shanghai Lixiu Co., Ltd, Milestone Ecom I(HK)Limited and Asia-Pacific e-Commerce Opportunities Pte. Ltd, Shareholders Lingyu Base Investments Co., Ltd., Shanghai Yili Co., Ltd., Guangfa Ganhe Co., Ltd., Hanli Qianlong Co., Ltd, Hanli Qianjun Co., Ltd, Hanli Qiantai Co., Ltd., Suzhou Guanding Investments Co., Ltd, Suzhou Guanxin Investments Co., Ltd, Hanli Qianxiu Investments Co., ltd and All other directors and managing personnel in the Company commits that within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.