Certain A Shares of Qingdao Kute Smart Co Ltd. are subject to a Lock-Up Agreement Ending on 8-JUL-2021. These A Shares will be under lockup for 373 days starting from 30-JUN-2020 to 8-JUL-2021. Details: The shareholders, Zhang Daili, Zhang Lanlan and Zhang Yan have agreed not to dispose off any 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. The shareholder, Li Hui has agreed not to dispose off any shares within 36 months from the listing date. The shareholders, Shenzhen Qianhai Fuxing Ruizhe Hengyi Investment Management Qi Ye (Limited Partnership), Beijing Guoke Ruihua Strategic Emerging Industries Investment Fund (Limited Partnership), Shenzhen Qianhai Ruilin Investment Management Enterprise (Limited Partnership), Qingdao Gaoying Tianxiang Investment Management Partnership Enterprise (Limited Partnership), Qingdao Yile Taihe Investment Management Partnership Enterprise (Limited Partnership), Delong Steel Co., Ltd., Shenzhen Dachen Chuangfeng Equity Investment Enterprise (Limited Partnership), Guoke Ruiqi Internet of Things Venture Investment Co., Ltd., Ningbo Meishan Bonded Port Area Tianying Hesheng Investment Management Partnership Enterprise (Limited Partnership), Fan Xiaopeng, Xu Xiaonian, Rao Wei, Zhongke Guiyin (Guizhou) Industry Investment Fund (Limited Partnership), Shi Junming, Shi Zhong’an, Ningbo Meishan Bonded Port Area Tianying Heding Investment Management Partnership Enterprise (Limited Partnership), Xinyu Tianying Hezheng Investment Management Partnership Enterprise (Limited Partnership), Beijing Guoke Zhengdao Investment Center (L.P.), Zhou Guangzhi, CentLing Technologies Co., Ltd., Zhang Jiemin, Ren Guilan, Liu Siqiang, Wang Yongfen, and Guizhou Qiushi Venture Capital Center (Limited Partnership) have agreed not to dispose off any shares within 12 months from the listing date.