Certain A Shares of Jiangsu Jingxue Insulation Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 18-JUN-2022. These A Shares will be under lockup for 374 days starting from 9-JUN-2021 to 18-JUN-2022.

Details:
The shareholders, directors, supervisors and senior executives, SHUENG YUEN IND.CO. and Changzhou Tongde Investment Management Center (Limited Partnership), Jiangsu Jingxue Industry and Trade Industrial Co., Ltd shall not transfer or entrust others to manage the company's directly or indirectly held shares issued before the company's initial public offering, nor shall the company repurchase it part of the shares, within 36 months from the date of the company's initial public offering and listing on the Growth Enterprise Market.

Bingshan Cold & Heat Technology Co., Ltd shall not transfer or entrust others to manage the company's directly or indirectly held shares issued before the company's initial public offering, nor shall the company repurchase it part of the shares, within 12 months from the date of the company's initial public offering and listing on the Growth Enterprise Market.