Certain A Shares of Shandong Weigao Orthopedic Device Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-JUN-2022. These A Shares will be under lockup for 368 days starting from 18-JUN-2021 to 21-JUN-2022.

Details:
Chen Xueli, the actual controller and Shandong Weigao Group Medical Polymer Co., Limited, the controlling shareholder of the company; Weigao Holding Company Limited, Weigao International Medical, Weihai Hongyangrui Information Technology Center (Limited Partnership), other shareholders of the company promised 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.Directors and senior executives Lu Junqiang, Qiu Guoping, Xie Zhitao, Cong Shujian, Wu Chunhui, Xin Wenzhi hold company shares through Weihai Hongyangrui Information Technology Center (Limited Partnership) promised 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 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.

Shandong Finance Investment Group Co., Ltd. and Weihai Yongyao Trade Center (Limited Partnership), the other shareholders of the company promised within 12 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. Gong Jianbo, the chairman who indirectly hold company shares through Weihai Yongyao Trade Center (Limited Partnership) promised within 12 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 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.