Certain A Shares of Beijing Hanyi Innovation Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 31-AUG-2023. These A Shares will be under lockup for 377 days starting from 19-AUG-2022 to 31-AUG-2023.

Details:
The company?s holding shareholder Xie Liqun, Beijing Hanyi Tianxia Investment Center (Limited Partnership) and Tianjin Hanzhiyuan Enterprise Management Consulting Partnreship Enterprise (Limited Partnership),actual controller Xie Liqun promised that 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 issuance, nor allow the company to repurchase the said shares.

Directors, supervisors, management personnel indirectly holding shares in the company, including Ma Yiyuan, Zhou Hongquan, Chen Jindi, Xu Jingjing, Zhang Zhaochen, Chen Bin, Lian Yuan, Chen Xiaoli promised that Within 12 months after the listing date, will not transfer nor entrust to others for management indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares.

The company?s shareholders Jiaxing Lingchuang Equity Investment Fund Partnership Enterprise (Limited Partnership)?Hunan Culture Tourism Venture Capital Fund Enterprise (Limited Partnership)?Lhasa Yijie Enterprise Management Consulting Partnership Enterprise (Limited Partnership)?Jiaxing Huakong Equity Investment Fund Partnership Enterprise (Limited Partnership)?Suzhou Jiangxin Zhihe Investment Center (Limited Partnership)?Gongqingcheng Heguang Chengjie Investment Management Partnership Enterprise (Limited Partnership)?Tibet Hongtai Kuyu Equity Investment Partnership Enterprise (Limited Partnership)?Beijing Xiaguang Kaixuan Investment Center (Limited Partnership)?Pingtan Huadao Jingyuan Investment Partnership Enterprise (Limited Partnership)?Zhongting Investment Holding Co., Ltd.?Suqian Jingyi Yuantou Venture Capital Partnership Enterprise (Limited Partnership)?Pingtan Jianfa No. 3 Equity Investment Partnership Enterprise (Limited Partnership)?Tianjin Pushi Tongfeng Technology Partnership Enterprise (Limited Partnership)?Changjiang Zheshang United Holding Co., Ltd. ?Zhuhai Huajin Huiyuan Equity Investment Fund (Limited Partnership)?Gongqingcheng Daoying Investment Management Partnership Enterprise (Limited Partnership)?Tianjin Lingfu Zhitong Enterprise Management Consulting Partnership Enterprise (Limited Partnership)?Pingtan Zhengshan Xinwo Investment Partnership Enterprise (Limited Partnership)?Pingyang Zhenyan Yichuang Investment Management Partnership Enterprise (Limited Partnership?Chongqing Zhongbao Chuangrui Culture Innovation Equity Investment Fund Partnership Enterprise (Limited Partnership)?Beijing Qianxian Technology Co., Ltd. ?Shouguang Zhimeng Xingyun Enterprise Management Consulting Service Center (Limited Partnership)?Zhang Nan Yang Ji promised that 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 issuance, nor allow the company to repurchase the said shares.

The company?s holding shareholders Xie Liqun, Beijing Hanyi Tianxia Investment Center (Limited Partnership) and Tianjin Hanzhiyuan Enterprise Management Consulting Partnreship Enterprise (Limited Partnership),actual controller Xie Liqun, directors, supervisors, management personnel indirectly holding company shares including Ma Yiyuan, Zhou Hongquan, Chen Jindi, Xu Jingjing, Zhang Zhaochen, Chen Bin, Lian Yuan, Chen Xiaoli promised that 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.

Xie Liqun, Ma Yiyuan, Zhou Hongquan, Chen Jindi, Xu Jingjing, Zhang Zhaochen, Chen Bin, Lian Yuan, Chen Xiaoli promised that After the expiration of the lockup period, during the term of office in the company as director, supervisor, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.