Certain Ordinary Shares of Zhongtian Construction (Hunan) Group Limited are subject to a Lock-Up Agreement Ending on 29-MAR-2024. These Ordinary Shares will be under lockup for 366 days starting from 29-MAR-2023 to 29-MAR-2024.

Details:
The controlling shareholder has agreed not to dispose off any shares for 6 months from the listing date. It has also agreed not to dispose off any shares for further 6 months, if following such disposal, it ceases to be a controlling shareholder in the company.

Each of the individual shareholders has voluntarily undertaken to our Company that each of them shall not and shall procure that, during the period commencing from the date of this prospectus up to and including the date which is 12 months from the Listing Date, dispose of, nor enter into any agreement to dispose of, or otherwise create any options, rights, interests or encumbrances in respect of, any of the shares.