Certain H Shares of Suxin Joyful Life Services Co., Ltd. are subject to a Lock-Up Agreement Ending on 23-AUG-2023. These H Shares will be under lockup for 365 days starting from 23-AUG-2022 to 23-AUG-2023.

Details:
Each of our Controlling Shareholders has undertaken to us and the Stock Exchange that, except pursuant to the Global Offering and the exercise of the Over-allotment Option, it will not, and shall procure that the registered holder(s) of our Shares shall not, without the prior written consent of the Stock Exchange or otherwise in compliance with the requirements of the Listing Rules:

In the period commencing on the date of this prospectus and ending on the date which is six months from the Listing Date (the ?First Six-month Period?), dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights,interests or encumbrances in respect of, any of our Shares or securities in respect of which it is shown by this prospectus to be the beneficial owner (the ?Relevant Shares?); and

In the period of six months commencing on the date on which the First Six-month Period expires (the ?Second Six-month Period?), 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 Relevant Shares, if immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, it would cease to be a Controlling Shareholder