Certain Ordinary Shares of Buyang International Holding Inc are subject to a Lock-Up Agreement Ending on 15-DEC-2023. These Ordinary Shares will be under lockup for 366 days starting from 14-DEC-2022 to 15-DEC-2023.

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in the period commencing on the date by reference to which disclosure of his/her/its shareholding is made in 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 in respect of which he/she/it is shown by this prospectus to be the beneficial owner; and
in the period of six months commencing on the date on which the period referred to in paragraph above 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 our Shares referred to in paragraph (i) above if, immediately following such disposal or upon the exercise or enforcement of such options, rights, interests or encumbrances, he/she/it would cease to be the controlling shareholder or a group of controlling shareholders (as defined in the Listing Rules) of our Company.