Certain A Shares of Hefei Jingsong Intelligent Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 6-JUN-2023. These A Shares will be under lockup for 375 days starting from 27-MAY-2022 to 6-JUN-2023.

Details:
The company's controlling shareholder and actual controller Yao Zhijian and Ruan Guojing and his concerted actors Li Ling, Hefei Benzhi Investment Partnership (Limited Partnership), Hefei Lingzhi Investment Partnership (Limited Partnership) promised 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.

As the company's director, senior management, and core technical staff, Yao Zhijian also promised:After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

As a director and senior manager of the company, Li Ling promised:After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Anhui Anyuan Investment Fund Co., Ltd. and China Central Economic and Trade Investment Holding Group Co., Ltd.and Small and Medium Enterprises Development Fund (Jiangsu Limited Partnership) promise: within 12 months from the date when the issuer's shares are listed on the stock exchange, it will not transfer or entrust others to manage the issuer's directly or indirectly held shares. Li Ling pledged by shareholders, directors and senior managers who hold more than 5% of the shares within 36 months from the date when the issuer's shares are listed on the stock exchange, it will not transfer or entrust others to manage the issuer's directly or indirectly held shares.

Directors Zhu Xiangzhi and Yin Daojun promised 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), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Directors Zhou Lihua promised 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. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Supervisors Xu Lei, Sun Xuefang and Huang Zhaojin; The core technicians Wang Kuai, Gao Hanfu and Tao Fengrong promised 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. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Nanjing Inform Storage Equipment (Group) Co., Ltd., Guo Junli, Xu Wei, Liu Zhen, Fan Xiaohong, Wu Rui, Zhang Jing, Li Min promise: within 12 months from the date when the issuer's shares are listed on the stock exchange, it will not transfer or entrust others to manage the issuer's directly or indirectly held shares.