Certain A Shares of Shenzhen Best of Best Holdings Co.,Ltd. are subject to a Lock-Up Agreement Ending on 31-OCT-2023. These A Shares will be under lockup for 376 days starting from 20-OCT-2022 to 31-OCT-2023.

Details:
The actual controllers, chairman and general manager Wang Yucheng, company?s actual controllers and director Fan Linan, company's controlling shareholder Hotpoint Investment Limited, Shenzhen Diantong Investment Management Center (Limited Partnership), a shareholder who holds more than 5% of the company?s shares promised that within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the company.

After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Shenzhen Focus Investment Management Center (Limited Partnership), Shenzhen Qianshao Investment Management Center (Limited Partnership), Shenzhen Chiheng Venture Capital Partnership (Limited Partnership), Shenzhen Yanzhi Venture Capital Partnership (Limited Partnership), other shareholders holding more than 5% of the company?s shares Enterprise (Limited Partnership), other shareholders Jiangsu Jiuquan Yuanhe Puhua Equity Investment Partnership (Limited Partnership), Nanjing Chuangyi Xinpao No. 1 Technology Investment Partnership (Limited Partnership), Hubei Jiupai Changyuan Intelligent Manufacturing Industry Equity Investment Fund Partnership (Limited Partnership), directors, supervisors, and senior executives who indirectly hold shares of the company Chen Peng, Chen Fazhong, Wang Lichun, Liu Jun, Wang Ying, Li Fang, and Meng Zhenjiang promised that within 12 months from the date of listing of the company?s shares, the company shall not transfer or entrust others to manage the issued shares before the company?s initial public offering, nor shall the company repurchase such shares.

After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.