Certain A Shares of Shaanxi Energy Investment Co., Ltd. are subject to a Lock-Up Agreement Ending on 10-APR-2024. These A Shares will be under lockup for 372 days starting from 4-APR-2023 to 10-APR-2024.

Details:
The issuer?s controlling shareholder Shaanxi Investment Group Co., Ltd. has made the following commitments:
1. Within 36 months from the date of listing of the issuer's shares, the company will not transfer or entrust others to manage the shares directly or indirectly held by the company as of the date of listing, nor will it authorize the issuer to repurchase the said shares.
2. If the shares held by the Company is reduced within 2 years after the lockup period expires, the reduced price is not lower than the issue price; If the closing price of the company?s share for the 20 consecutive trading days are lower than the issue price within 6 months after listing, or the closing price of the company?s share at the end of the 6-month period after listing is lower than the issue price, then the lock-up period will automatically be extended for another 6 months.

The main shareholder Shaanxi Yulin Energy Group Huisen Investment Management Co., Ltd. has promised that within 12 months from the date of listing of the issuer's shares, the company will not transfer or entrust others to manage the shares directly or indirectly held by the company as of the date of listing, nor will it authorize the issuer to repurchase the said shares.

The main shareholder Chang'an Huitong Co., Ltd. has promised that within 36 months from the date of listing of the issuer's shares, the company will not transfer or entrust others to manage the shares directly or indirectly held by the company as of the date of listing, nor will it authorize the issuer to repurchase the said shares.