Certain A Shares of Zhejiang Tianzhen Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 4-NOV-2023. These A Shares will be under lockup for 366 days starting from 3-NOV-2022 to 4-NOV-2023.

Details:
The company?s holding shareholder Fang Qinghua, actual controllers Fang Qinghua, Zhu Caiqin promised.

Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

during the term of office in the company as holding shareholder, actual controller, director, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

If the pledger resigns before the expiration of his term as director, supervisor or senior manager, he shall continue to abide by the following regulations during the term of office determined when the pledger takes office and within six months after the term of office expires:
(1) The shares transferred each year shall not exceed 25% of the total number of shares held directly or indirectly by the pledger
(2) Within half a year after resignation, the issuer's shares held directly or indirectly by the pledger will not be transferred.

The company?s shareholders Zhu Fangyi, Fang Xinyue promised.

Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

The company?s shareholder Anji Yahua Trade Partnership Enterprise (Limited Partnership) Promised.

Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

The company?s directors, management personnel who hold shares in the company Xia Jianying, promised.

Within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

during the term of office in the company as director, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

If the pledger resigns before the expiration of his term as director, supervisor or senior manager, he shall continue to abide by the following regulations during the term of office determined when the pledger takes office and within six months after the term of office expires.
(1) The shares transferred each year shall not exceed 25% of the total number of shares held directly or indirectly by the pledger
(2) Within half a year after resignation, the issuer's shares held directly or indirectly by the pledger will not be transferred.

The company?s senior management personal Zhu Zeming promised.

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. 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 months 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.
Zhu Mengbo and Zhu Xueqin, the indirect shareholders who hold the company's shares, promised.

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.