Certain A Shares of Zhejiang Huakang Pharmaceutical Co., Ltd. are subject to a Lock-Up Agreement Ending on 10-FEB-2024. These A Shares will be under lockup for 1102 days starting from 3-FEB-2021 to 10-FEB-2024.

Details:
The company?s actual controller and holding shareholder Chen Deshui, Yu Jianming, Cheng Xinping, Xu Xiaorong and their controlled Kaihua Jinyue Investment Management Co., Ltd. promised Within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. 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 will automatically be extended for 6 months.

The company?s director/management personnel, Chen Deshui, Yu Jianming, Cheng Xinping, Xu Xiaorong, Cao ianhong, Du Yongrui, Zheng Fangming promised within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

The company?s supervisor, Yan Xiaoxing, Jiang Xuesong and The company?s other 34 individual shareholders and Fujian Yake Food Co., Ltd., Hangzhou Tangchun Investment Management Co., Ltd., Hangzhou Hemeng Haochi Investment Partnership Enterprise (Limited Partnership), Kaihua Tongli Investment Management Partnership Enterprise (Limited Partnership), HY Energy Group Co., Ltd., Hangzhou Jinzhe Investment Partnership Enterprise (Limited Partnership), Haohua Yida Technology Co., Ltd., Kaihua Tongyi Investment Partnership Enterprise (Limited Partnership), Ningbo Weizhu Asset Management Co., Ltd. promised within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

As the relative of the company?s actual controller and holding shareholder, Zhou Jianhua promised within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.