Certain A Shares of Beijing Daily Online Network Information Co., Ltd. are subject to a Lock-Up Agreement Ending on 5-AUG-2023. These A Shares will be under lockup for 1103 days starting from 28-JUL-2020 to 5-AUG-2023.

Details:
The Company's actual controller and controlling shareholder, Xin Yi?an and Chen Hongxia, Shareholders Yiming Investments Co., Ltd and Yifei Investments Co., Ltd commit 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. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect.

Shareholders Huizhi Yide Investments Co., Ltd., Zhao Jianguang, Jianyuan Boyi Investments Co., Ltd., Jianyuan Zhongzhi Investments Co., Ltd., Jianyuan Xinbo Investments Co., Ltd., Jianyuan Hongsai Investments Co., Ltd., Jianyuan Duxin Investments Co., Ltd., Fuquan N~1 Fund, Jianyuan Taichang Investments Co., Ltd., Du Chengchen, Zhang Fengling, Wang Nan, Supervisor Jiao Xin, Zhu Jia, Zheng Yidi, senior management personnel Zhao Xiaoyan, Liu Yujun, Yang Haijun, and Wang Lingling, He Nacheng commit to 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.