Certain A Shares of Mengtian Home Group Inc. are subject to a Lock-Up Agreement Ending on 16-DEC-2023. These A Shares will be under lockup for 738 days starting from 8-DEC-2021 to 16-DEC-2023.

Details:
The company?s holding shareholder Zhejiang Mengtian Holdings Co., Ltd. and the company?s shareholders Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership), Jiaxing Mengjia Investment Management Partnership Enterprise (Limited Partnership) promised within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months.

The company?s actual controllers Yu Jingyuan, Fan Xiaozhen 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 direct shares held in the company, nor allow Zhejiang Mengtian Holdings Co., Ltd., Jiaxing Mengjia Investment Management Partnership Enterprise (Limited Partnership) or Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership) to repurchase the equity or property share held. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office 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.

The company?s shareholder, director, management personnel Yu Jingbin 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 direct shares held in the company, nor allow Zhejiang Mengtian Holdings Co., Ltd. or Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership) to repurchase the equity or property share held. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period will automatically be extended for 6 months. During the term of office 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.

Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership)?s partners which are serving as the company?s director, supervisor, management personnel, including Xu Xiaoping, Zhu Yiqun, Xia Qun, Li Minli, Fan Linjie, Hu Cunji, Li Chunzhi promised within 12 months after the listing date, will not transfer nor entrust to others for management property shares in Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership), nor allow Jiaxing Mengyue Investment Management Partnership Enterprise (Limited Partnership) to repurchase the said shares. During the term of office as the company?s director, supervisor, management personnel, the number of property shares transferred each year will not exceed 25% of the total property shares held.