Certain A Shares of Shandong Teamgene Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-OCT-2023. These A Shares will be under lockup for 370 days starting from 14-OCT-2022 to 19-OCT-2023.

Details:
Wang Youcheng, the actual controller of the company, and Wang Youli, the person acting in concert promised that within 36 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. 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.

Other directors, supervisors, and senior executives who hold shares in the company promise that within 12 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months. 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.

The company?s controlling shareholder Shandong Bangji Group Co., Ltd. promised that within 36 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.

Company Shareholding Platform Zibo Bangying Enterprise Management Partnership (Limited Partnership), Zibo Bangzhi Enterprise Management Partnership (Limited Partnership), Zibo Bangdao Enterprise Management Partnership (Limited Partnership), Zibo Bangru Enterprise Management Partnership (Limited Partnership), Zibo Bangxian Enterprise Management Partnership (Limited Partnership) promised that within 12 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 month from listing, lock-up period will be automatically extended for another 6 months.

Company shareholder Qingdao Yonghe Jinfeng Group Co., Ltd. promised that within 12 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. From the date of acquiring the issuer's shares (that is, the date of completing the registration procedures for industrial and commercial changes), no transfer will be made within 36 months.