Certain A Shares of Chengdu Gas Group Corporation Ltd. are subject to a Lock-Up Agreement Ending on 17-DEC-2022. These A Shares will be under lockup for 1109 days starting from 4-DEC-2019 to 17-DEC-2022.

Details:
The Company's holding shareholder Chengdu City Construction Investment & Management Group Co., Ltd. committed to not transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.

The Company's other shareholders China Resources Gas Group Limited and Towngas Investment Co., Ltd. committed to not transfer or entrust to a third party the Company's shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.