Certain A Shares of Qingdao Sentury Tire Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-SEP-2023. These A Shares will be under lockup for 1099 days starting from 7-SEP-2020 to 11-SEP-2023.

Details:
The Company?s actual controller and holding shareholder Qin Long committed that they will 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.

The Company?s shareholders Qingdao Senbaolin Enterprise Information Consulting Management Center (Limited Partnership), Qingdao Senzhonglin Enterprise Information Consulting Management Center (Limited Partnership), Qingdao Senlinglin Enterprise Information Consulting Management Center (Limited Partnership), Qingdao Senweilin Enterprise Information Consulting Management Center (Limited Partnership), and Qin Hu committed that they 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.

The Company?s directors and senior management who are shareholders Lin Wenlong, Zhang Lei, and Li Zhongdong and indirect shareholders Fan Quanjiang, Liu Bingbao, Chang Huimin, Sheng Baoxin, and Jin Shengyong committed that they will 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.

The Company?s shareholders Xinjiang Xinshi Chuangying Equity Investment Partnership Enterprise (Limited Partnership) , Qingdao Runzesen Investment Enterprise (Limited Partnership) , Xinjiang Xinrong Zhihui Equity Investment Co., Ltd., Xiamen Xiangsheng Investment Partnership Enterprise (Limited Partnership) , Kunming Jiayin Investment Partnership Enterprise (Limited Partnership) , Ningbo Meishan Bonded Port Area Senrun Equity Investment Partnership Enterprise (Limited Partnership) , Shenzhen Fuquan Daocheng Investment Management Center (Limited Partnership) , Wuxi Hongshi Huiquan Equity Investment Management Center (Limited Partnership) , Xinjiang Henghou Chuangying Equity Investment Partnership Enterprise (Limited Partnership) , Guangzhou Ruisen Chuangying Investment Center (Limited Partnership) , Ningbo Meishan Bonded Port Area Mayi Jubao Equity Investment Center (Limited Partnership) , Huitianze Investment Co., Ltd., Ningbo Meishan Bonded Port Area Mayi Tianbao Equity Investment Partnership Enterprise (Limited Partnership) , Jinan Huahui Runfeng Investment Partnership Enterprise (Limited Partnership) , Ningbo Meishan Bonded Port Area Baodingying Equity Investment Partnership Enterprise (Limited Partnership) , Sun Hao, He De Kang, Ganzhou Chaoyi Investment Center (Limited Partnership) , Tongxiang Wanhui Gongque Equity Investment Fund Management Partnership Enterprise (Limited Partnership) , Huang Zimei, Zhuhai Wenshi Ansi Industry M&A Equity Investment Fund Qi Ye (Limited Partnership) , Chen Changjie, Hengqin Qichuang Gongxiang Equity Investment Fund Partnership Enterprise (Limited Partnership) and the Company?s supervisors who are indirect shareholders Yang Hong and Liu Gaoyang committed that they will 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.