Certain A Shares of Ningbo Lehui International Engineering Equipment Co.,Ltd. are subject to a Lock-Up Agreement Ending on 13-NOV-2023. These A Shares will be under lockup for 2201 days starting from 3-NOV-2017 to 13-NOV-2023.

Details:
The company's shareholders, Zhongsheng Tianyu Stocks Investment Management Co., Ltd. , Li Weiqing, Lai Guangming, Wang Lan, Jin Shuiying, Xiang Haihua, Dong Hongguang, Lu Baozhong, Lu Hongya, Yu Chunjuan, Lin Songkuan, Yu Shanduo, Sun Jie, Huang Lianfang, Zhang Xiaobo, Wang Hua, Chen Jiang, Weng Yumei, Tan Hao, Yu Chijun, Zhang Jiangjie, Guan Tianji, Zhang Han, Ye Xiaoxing, Chen Xiaoping, Gang Yunqing, Huang Wei, Ren Guozun, Shang Bin, Xiao Shaoqin and Xu Shouwai have committed to not dispose off their holdings in the company for a period of 12 months from the date of listing, and subsequently not dispose off their holdings by more than 25% per year upon the expiration of the lock up.

Significant shareholders of the company Lehui Holdings, Lai Yunlai, Huang Yuening, Ningbo Leying and Ningbo Leli have committed that for a period of 12 months from the date of listing, they will not dispose off their holdings in the company and between 12th to 24th month, not more than 25% of their holdings will be transferred.

Huang Dongning and Lai Xiarong as related parties, have committed to not dispose off their holdings in the company for period of 36 months from the date of listing of the new shares.

Company's controlling shareholders Lehui Holdings, Lai Yunlai and Huang Yuening and the corporate shareholders Ningbo Leying and Ningbo Leli along with company's directors, supervisors and senior management staff, Shen Lin, Lin Tong, Liu Zhixiong, Sun Lin, Yuhuahe, Liu Fei and Dong Xiangyang commit to not dispose off their holdings in the company for a period of 36 months from the date of listing and to not dispose off their holdings by more than 25% per year upon the expiration of such lock up.