Certain Ordinary Shares of XD Inc. are subject to a Lock-Up Agreement Ending on 13-DEC-2020. These Ordinary Shares will be under lockup for 368 days starting from 11-DEC-2019 to 13-DEC-2020. Details: Each of the Controlling Shareholders namely Huang and Happy Today Holding Limited has undertaken to the Stock Exchange and to the Company that, except pursuant to the Global Offering, they shall not and shall procure that the registered holder(s) controlled by them shall not n the period commencing on the date by reference to which disclosure of the shareholding is made in this prospectus and ending on the date which is six months from the Listing Date, will not dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any of the Shares directly or indirectly beneficially owned by them. Each of the Controlling Shareholders agrees and undertakes to each of the Sole Sponsor, the Sole Global Coordinator, the Joint Bookrunners, the Joint Lead Managers, the Co-managers and the Hong Kong Underwriters that, except pursuant to the Global Offering (including pursuant to the Overallotment Option), at any time after the date of the Hong Kong Underwriting Agreement up to and including the date falling 12 months after the Listing Date will not dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of any Shares directly or indirectly beneficially owned by them.