70,261,562 H Shares of Xunfei Healthcare Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-DEC-2025. These H Shares will be under lockup for 367 days starting from 27-DEC-2024 to 29-DEC-2025.

Details:
In accordance with Rule 10.07(1) of the Listing Rules, our Controlling Shareholder has undertaken to the Stock Exchange and us that, except pursuant to the Global Offering and the Over-allotment Option, we shall not and shall procure that the registered holders of the Shares controlled by us (if applicable) shall not: (a) in the period commencing on the date by reference to which disclosure of its shareholding is made in this prospectus and ending on the date which is six months from the Listing Date (the ?LR First Six-month Period?), dispose of, nor enter into any agreement to dispose of, or otherwise create any options, rights, interests or encumbrances in respect of, any of those securities of the Company in respect of which it is shown by this prospectus to be the beneficial owner (the ?Relevant Securities?); and (b) in the period of six months commencing from the expiry of the LR First Six-month Period (the ?LR Second Six-month Period?), 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 Relevant Securities if, immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, it would cease to be the controlling shareholder (as defined in the Listing Rules) of the Company

Each of the Cornerstone Investors has agreed that without the prior written consent of each of our Company, the Joint Sponsors and the Overall Coordinators, it will not, and will cause its affiliate not to, whether directly or indirectly, at any time during the period commencing from (and inclusive of) the Listing Date and ending on (and inclusive of) the date falling six (6) months after the Listing Date (the ?Lock-up Period?), dispose of, in any way, any of the Offer Shares it has purchased, pursuant to the relevant Cornerstone Investor Agreements, save for certain limited circumstances, such as transfers to any of its whollyowned subsidiaries who will be bound by the same obligations of such Cornerstone Investors, including the Lock-up Period restriction.