Certain A Shares of Beijing Baolande Software Corporation are subject to a Lock-Up Agreement Ending on 1-NOV-2023. These A Shares will be under lockup for 1464 days starting from 29-OCT-2019 to 1-NOV-2023.

Details:
The company's controlling shareholder and actual controller Yi Cundao, other shareholders of the company, Yi Dongxing promised that 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 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), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.

Directors and senior management personnel (excluding controlling shareholders) who directly or indirectly hold shares of the company Zhang Donghui, Zhao Yanxing, Yi Cunzhi, Zhao Xue, Wang Qian, Shi Xiaoli, Wang Kai, Xin Wanjiang, Zhan Nianke, Shi Yuzhuo, Lu Zhongda, supervisor who directly or indirectly holds shares in the company, Zhong Hong, Yang Fuping, Yang Guangjin, company's core technical staff (excluding the core technical personnel who also serve as the company's directors, supervisors, and senior management personnel) Li Chaopeng and Guo Jianjun, and Ningxia Time Venture Capital Partnership (Limited Partnership), Chen Xuanliang are committed 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. 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), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.