Certain Ordinary Shares of Beisen Holding Limited are subject to a Lock-Up Agreement Ending on 12-OCT-2023. These Ordinary Shares will be under lockup for 183 days starting from 12-APR-2023 to 12-OCT-2023.

Details:
The Joint Sponsors, the Overall Coordinators, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers, the Co-manager and the Hong Kong Underwriters that except for the offer, allotment and issue of the Offer Shares pursuant to the Global Offering (including pursuant to any exercise of the Over-allotment Option), at any time during the period commencing on the date of the Hong Kong Underwriting Agreement and ending on, and including, the date that is six months from the Listing Date (the ?First Six-Month Period?), our Company will not to, and to procure each other member of the Group not to, without the prior written consent of the Joint Sponsors and the Overall Coordinators and the Joint Global Coordinators (on behalf of the Hong Kong Underwriters) and unless in compliance with the requirements of the Listing Rules.

In each case, whether any of the transactions specified in sub-paragraph (i), (ii) and (iii) above is to be settled by delivery of Shares or other equity securities of the Company, as applicable, or in cash or otherwise (whether or not the issue of such Shares or other share or securities will be completed within the First Six-month Period). In the event that, at any time during the period of 364 UNDERWRITING six months immediately following the expiry of the First Six-month Period (the ?Second Six-Month Period?), the Company enters into any of the transactions specified in sub-paragraph (i), (ii) and (iii) above or offers to or agrees to or announces any intention to effect any such transaction, the Company shall take all reasonable steps to ensure that any such transaction, offer, agreement or announcement will not create a disorderly or false market in the securities of the Company. Each Warranting Shareholder undertakes to each of the Joint Sponsors, the Overall Coordinators, the Joint Global Coordinators, the Joint Bookrunners, the Joint Lead Managers, the Co-manager and the Hong Kong Underwriters to procure the Company to comply with the foregoing undertakings.