7,449,600 A Shares of CNGR Advanced Material Co.,Ltd. are subject to a Lock-Up Agreement Ending on 23-DEC-2021. These A Shares will be under lockup for 371 days starting from 17-DEC-2020 to 23-DEC-2021. Details: The Company’s actual controllers Deng Weiming and Wu Xiaoge, relative Tao Wu, holding shareholder Hunan CNGR Holding Group Co., Ltd., and affiliate Tongren Hongxin Chengda Business Management Consulting Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. The Company’s shareholders Beijing Junlian Shengyuan Equity Investment Partnership Enterprise (Limited Partnership), Qianhai Equity Investment Fund (Limited Partnership), Xiamen Jianfa Emerging Industries Equity Investment No. 2 Partnership Enterprise (Limited Partnership), Central Soes Industrial Investment Fund For Poor Area Co., Ltd., Zhongyuan Qianhai Equity Investment Fund (Limited Partnership), Changde Xingxiang Caixin New Energy Industry Investment Fund Enterprise (Limited Partnership), Qianhai Fangzhou Asset Management Co., Ltd., Ningbo Meishan Bonded Port Area Rongsong Investment Management Partnership Enterprise (Limited Partnership), Jiaxing Yingbo Borui Equity Investment Partnership Enterprise (Limited Partnership), Hunan Qinghao Linghong Private Equity Fund Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date; within 36 months from the capital increase completion date (December 30, 2019). The Company’s secretary of the board Liao Hengxing and financial director Zhu Zongyuan committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. The Company’s supervisors He Qizhong, Huang Xing, Ceng Gaojun, and Wang Yiqiao and shareholders Suzhou Junjunde Equity Investment Partnership Enterprise (Limited Partnership), Fuzhou Economic and Technological Development Zone Xingrui Yongying Equity Investment Partnership Enterprise (Limited Partnership), Haifu Changjiang Growth Equity Investment (Hubei) Partnership Enterprise (Limited Partnership), Guizhou Xindongneng Industrial Investment Fund Partnership Enterprise (Limited Partnership), Jiangsu Niequan Lvse Industry Equity Investment Fund (Limited Partnership), Jiaxing Qianjie Equity Investment Partnership Enterprise (Limited Partnership), Tongren Hengsheng Lineng Business Management Consulting Partnership Enterprise (Limited Partnership), Guizhou Hitech Industry Development Fund Venture Capital Co., Ltd., Tongren Yuanju Zhihe Business Management Consulting Partnership Enterprise (Limited Partnership), China-Belgium Direct Equity Investment Fund, Jiaxing Qiancheng Equity Investment Partnership Enterprise (Limited Partnership), Innovative Development Guide Fund For Trade In Services (Limited Partnership), Guizhou Dalong Fupin Development Investment Co., Ltd., Guizhou Shengfan Jingshan Investment Holding Group Co., Ltd., Pingtan Jianfa Bahao Equity Investment Partnership Enterprise (Limited Partnership) committed: to not transfer or entrust to a third party the Company’s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.