Certain A Shares of Jiangxi Naipu Mining Machinery and New Materials Co.,Ltd are subject to a Lock-Up Agreement Ending on 12-FEB-2022. These A Shares will be under lockup for 732 days starting from 11-FEB-2020 to 12-FEB-2022. Details: The controlling shareholder of the company, namely, Zheng Haocheng has agreed not to dispose of their interest for a period of 36 months from the date of listing. 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), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect. The director and managing personal of the company, namely, Dong Chengsheng, Hu Jinsheng, Wu Yongqing and Yu Bincheng have agreed not to dispose of their interest for a period of 12 months from the date of listing. 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), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect. The other shareholders of the company, namely, Cai Fei, Qu Zhiguo, Zhao Weiguo, Qiu Haiyan, Huang Xiong, Chen Li, and Niu Zhongbo have agreed not to dispose of their interest for a period of 12 months from the date of listing.