Certain A Shares of CIMC Vehicles (Group) Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-JUL-2023. These A Shares will be under lockup for 733 days starting from 5-JUL-2021 to 8-JUL-2023.

Details:
The company’s holding shareholder China International Marine Containers (Group) Co., Ltd. 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.

The company’s directors Wang Yu, Li Guiping, Zeng Beihua, management personnel Li Zhimin, Ye Jianfeng, Jiang Qiwen, Sun Chun’an, Supervisors Liu Hongqing, Li Xiaofu promised, Shanghai Taifu Xiangzhong Equity Investment Fund Partnership Enterprise (Limited Partnership), Taizhou Tai Fu Xiang Yun Equity Investment Partnership (Limited Partnership),Xiangshan Huajin Industrial Investment Partnership Enterprise (Limited Partnership), Shenzhen Longyuan Gangcheng Enterprise Management Center (Limited Partnership), Shenzhen Nanshan Dacheng New Material Investment Partnership Enterprise (Limited Partnership), 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. After the expiration of the lockup period, during the term of service as the company’s director/management personnel, the number of shares in the company transferred each year will not exceed 25% of the total shares held in the company.