Certain A Shares of Niutech Environment Technology Corporation are subject to a Lock-Up Agreement Ending on 14-JUL-2023. These A Shares will be under lockup for 1102 days starting from 7-JUL-2020 to 14-JUL-2023.

Details:
The controlling shareholder of the company, Ningbo Meishan Bonded Port Area, Xiaolong Investment Management Partnership (Limited Partnership) and Ningbo Meishan Bonded Port Area Yincheng Investment Management Partnership (Limited Partnership), company's actual controller Niu Bin and close relatives Wang Xinming, Niu Xiaolu; company director Zhou Wei, Wang Zhongcheng; supervisor Liu Ping, Zhang Haimin, Niu Xuechao; senior management Li Zongcai, Yang Jingzhi, Company’s Director Zhong Suili, company's core technical staff Niu Bin, Zhang Haimin, Li Zongcai, Lu Feng and Tong Lanying promised to not transfer or entrust to a third party the Company’s shares it holds directly or indirectly before the public offering, or allow the Company to repurchase these shares within 36 months from the Company’s share listing date. 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Other shareholders of the company Ningbo Meishan Bonded Port Area Ronglong Investment Management Partnership (Limited Partnership), Inner Mongolia Yuanchuang Green Energy Energy Saving and Environmental Protection Industry Venture Capital Partnership (Limited Partnership), Yantai Yuanchuang Modern Service Industry Venture Capital Partnership (Limited Partnership) , Yantai Yuanchuang Technology Investment Center (Limited Partnership), Beijing Rongxinyuanchuang Investment Management Co., Ltd., Hefei Fengderui High-tech Industrial Investment Partnership (Limited Partnership), Anhui Fengchuang Biotechnology Industry Venture Capital Co., Ltd., Moli Min, Zhangye, Anhui Qifeng Haorui Investment Management Partnership (Limited Partnership), Lingwenquan, Sangluyi, Yunnan Rongyuan Energy Conservation and Environmental Protection Industry Venture Capital Fund Partnership (Limited Partnership), Shandong Lingxin Venture Capital Center (Limited Partnership), Shandong Gold Venture Capital Co., Ltd., Zhang Linlin, He Wei, Li Hongmei and Li Hongyan promise: to not transfer or entrust to a third party the Company’s shares it holds directly or indirectly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company’s share listing date. 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.