Certain A Shares of ShaoYang Victor Hydraulics Co.,Ltd are subject to a Lock-Up Agreement Ending on 20-OCT-2023. These A Shares will be under lockup for 739 days starting from 11-OCT-2021 to 20-OCT-2023.

Details:
Holding shareholder, actual controller: Su Wuhong, Shareholder: Su Wenhong, and Shareholder: Li Wenhong have promised that Within 36 months after the listing date, they shall 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.

Holding shareholder, actual controller: Su Wuhong, Shareholder: Su Wenhong, Shareholders: Song Chaoping, Zhou Yeqing, Xiang Shaohua, and Members of the board of directors, members of supervisory board and senior management personnel with shareholding: Li Shunqiu, Liu Shenggang, Tang Jianfei, Yue Hai, Zhao Tiejun, Li Jixiang, Yao Hongchun and Deng Shiying have promised that 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 shall automatically be extended for 6 months.

Holding shareholder, actual controller: Su Wuhong, Shareholder: Su Wenhong, Shareholders: Song Chaoping, Zhou Yeqing, Xiang Shaohua, Shareholder: Li Wenhong, Members of the board of directors, members of supervisory board and senior management personnel with shareholding: Li Shunqiu, Liu Shenggang, Tang Jianfei, Yue Hai, Zhao Tiejun, Li Jixiang, Yao Hongchun and Deng Shiying have promised that During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Shareholders: Song Chaoping, Zhou Yeqing, Xiang Shaohua, Shareholder: Lu Di, and Members of the board of directors, members of supervisory board and senior management personnel with shareholding: Li Shunqiu, Liu Shenggang, Tang Jianfei, Yue Hai, Zhao Tiejun, Li Jixiang, Yao Hongchun and Deng Shiying have promised that Within 12 months after the listing date, shall 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.