Certain Class A Ordinary Shares of BlueCity Holdings Limited are subject to a Lock-Up Agreement Ending on 4-JAN-2021. These Class A Ordinary Shares will be under lockup for 181 days starting from 7-JUL-2020 to 4-JAN-2021. Details: The directors and executive officers have agreed that they will not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any ordinary shares, ADSs or any securities convertible into or exercisable or exchangeable for ordinary shares or ADSs, for a period of 180 days after the date of the final prospectus without the prior written consent of AMTD Global Markets Limited, Loop Capital Markets LLC, Tiger Brokers (NZ) Limited, Prime Number Capital LLC and R. F. Lafferty & Co., Inc.