Certain Ordinary Shares of Huarchi Global Group Holdings Limited are subject to a Lock-Up Agreement Ending on 21-NOV-2020. These Ordinary Shares will be under lockup for 367 days starting from 20-NOV-2019 to 21-NOV-2020.

Details:
The controlling shareholders of the company, namely, Ao Weng Kong, Chang Wa Ieong, Leong Ka In, Lou Cheok Meng and Seong Wa Holdings Limited have agreed to lock-up restrictions for a period of six months from the listing date which is expected to be November 21, 2019.

The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company.