Certain A Shares of Ningbo Jianan Electronics Co.,Ltd are subject to a Lock-Up Agreement Ending on 1-SEP-2021. These A Shares will be under lockup for 372 days starting from 25-AUG-2020 to 1-SEP-2021. Details: Cixi Yaochuang Electronic Technology Co., Ltd., as the controlling shareholder of the company, Zhang Guoyao and Zhang Enyou, as the actual controllers of the company, and Ningbo Hangzhou Bay New District Dingyao Enterprise Management Partnership (Limited Partnership), as a shareholder of the company, supervisors and senior management personnel who indirectly hold company share, Zhou Xiaoling, He Lirong, Zhou Senyue and Zhou Yuefen as relatives of the actual controller promised the following matters regarding the lock-up period of the issuer’s shares that 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 months 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. Ningbo Hangzhou Bay New District Dongen Enterprise Management Partnership (Limited Partnership), Ningbo Hangzhou Bay New District Zerui Enterprise Management Partnership (Limited Partnership), Ningbo Yuanze Enterprise Management Partnership (Limited Partnership), Shanghai Pingchang Industrial Development Co., Ltd. Company, and directors to indirectly hold company shares committed that within 12 months since the date of listing of the present shares in the Shenzhen Stock Exchange, 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 months from listing, lock-up period will be automatically extended for another 6 months.