Certain Ordinary Shares of China Hongguang Holdings Limited are subject to a Lock-Up Agreement Ending on 13-JAN-2022. These Ordinary Shares will be under lockup for 734 days starting from 10-JAN-2020 to 13-JAN-2022. Details: The controlling shareholders of the company, namely Wei, Lin, Liu, Wei Family Limited and Ming Liang Global are subject to a lock-up agreement for a period of 12 months from the Listing Date. Each of the Controlling Shareholders have also undertaken to each of the Company, the Joint Bookrunners, the other Public Offer Underwriters and the Sole Sponsor that, except pursuant to the Capitalization Issue, the Share Offer and the exercise of the Offer Size Adjustment Option, without the prior written consent of the Joint Bookrunners they are subject to lock-up for 12 months immediately following the First 12-Month Period.