Certain A Shares of NanJing GOVA Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 18-APR-2024. These A Shares will be under lockup for 373 days starting from 11-APR-2023 to 18-APR-2024.

Details:
The Company?s holding shareholders and actual controllers Li Weiping, Dan Lei, She Dequn committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s directors, supervisors, and senior management Huang Biao, Chen Xin, Lan Zhikang, Jiang Zhiguo, Hu Jianbin, Li Laiping committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance or allow the company to repurchase those shares within 12 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s supervisors Song Xiaoyang, Ren Yunzhi, Liu Qiang committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance or allow the company to repurchase those shares within 12 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s shareholders Ningbo Baihao Investment Partnership Enterprise (Limited Partnership), Ningbo Meishan Bonded Port Area Haolan Xiaolong Investment Management Center (Limited Partnership), Chengdu Yaqing Venture Capital Partnership Enterprise (Limited Partnership), Hangzhou Chenwei Venture Capital Partnership Enterprise (Limited Partnership), Beijing Gaogan Heying Enterprise Management Enterprise (Limited Partnership), Nanjing Zhihui Zongheng Equity Investment Partnership Enterprise (Limited Partnership), Nanjing Hairong Investment Management Co., Ltd., Nanjing Hangyi Gaochuang Equity Investment Partnership Enterprise (Limited Partnership), Changzhou Zhongdi Xinzhike Venture Capital Partnership Enterprise (Limited Partnership), Nanjing Shengsu No. 1 Venture Capital Partnership Enterprise (Limited Partnership), Development Industry Investment Fund (Limited Partnership) committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date and 36 months from their acquisition date.

The Company?s shareholders Beijing Guoding Jun?an Tianxia Equity Investment Partnership Enterprise (Limited Partnership), Shanghai Zhending Venture Capital Management Center (Limited Partnership), Suzhou Bangsheng Yingxin Venture Capital Enterprise (Limited Partnership), Nanjing Gaogan Enterprise Management Partnership Enterprise (Limited Partnership), Nanjing Gaozhi Enterprise Management Partnership Enterprise (Limited Partnership), Nanjing Gaoshi Enterprise Management Partnership Enterprise (Limited Partnership), Beijing Hangdong Guoding Kechuang Equity Investment Fund (Limited Partnership), Nanjing Chuangyi Bangsheng New Energy Industry Investment Partnership Enterprise (Limited Partnership), Huang Biao committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.