Certain A Shares of Jiangsu Bojun Industrial Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 7-JAN-2024. These A Shares will be under lockup for 1102 days starting from 31-DEC-2020 to 7-JAN-2024.

Details:
Wu Yalin, Wu Afeng, Fuzhi Investments Co., Ltd, Jiaheng Investments Co., ltd., Jin Xiuming, Li Wenyan, Li Jing, Cai Yanqing, Yao Jinyang, Hou Yanchun, directors and supervisors of the Company, 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Ningbo Mazhaluo Co., Ltd commits 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.