Certain A Shares of Shanghai CEO Environmental Protection Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 17-AUG-2023. These A Shares will be under lockup for 1106 days starting from 6-AUG-2020 to 17-AUG-2023.

Details:
The company?s actual controller Huang Wenjun, Sun Weidong, Wu Yan, Li Jun, Li Wenjing, Hangzhou Junjie Investment Partnership (Limited Partnership), and Xu Taiming committed to not transfer or entrust to a third party the company?s shares they hold 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 months from listing, lock-up period will be automatically extended for another 6 months.

The company?s shareholders serving as directors, senior management, and core technical personnel Lei Zhitian, Qu Xianwei and the company?s shareholder serving as senior management Wang Yijia committed 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 months from listing, lock-up period will be automatically extended for another 6 months.

The company?s shareholder serving as supervisor, core technical personnel Lu Yufei, the company?s shareholder serving as supervisor Yu Yunjun and the company?s other shareholders Hangzhou Juanjie Investment Partnership Enterprise (Limited Partnership), Shanghai Bangming Kexing Venture Capital Center (Limited Partnership), Shanghai Huichang Venture Capital Center (Limited Partnership), Ningbo Meishan Bonded Port Area Yingshuo Xiangteng Investment Partnership Enterprise (Limited Partnership), Shanghai Tiancheng Venture Capital Partnership (Limited Partnership), Li Huaping, Song Hua, Shen Huifen, Che Yunji, Zhou Yunxian, Yang Jing committed 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 months from listing, lock-up period will be automatically extended for another 6 months.

The company?s shareholder serving as core technical personnel Niu Bingye, Xu Meiliang committed to not transfer or entrust to a third party the Company?s shares they hold 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 and within 6 months after resignation. 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 months from listing, lock-up period will be automatically extended for another 6 months.

The Company?s shareholder SDIC (Shanghai) TTC VC LP committed If the time for the company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the capital increase of the enterprise to the company is not more than 6 months, then to not transfer or entrust to a third party the Company?s 1,917,230 shares it holds before the public offering, or allow the company to repurchase these shares within 36 months from the completion of the registration of industrial and commercial changes for the said capital increase. If the time for the company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the capital increase of the enterprise to the company is more than 6 months, then to not transfer or entrust to a third party the Company?s 1,917,230 shares it holds before the public offering, or allow the company to repurchase these shares within 12 months from the Company?s share listing date. If the time for the company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the enterprise?s acquisition of the Company?s shares from the actual controller is not more than 6 months, then to not transfer or entrust to a third party the Company?s 1,278,153 shares it holds directly 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 months from listing, lock-up period for the 1,278,153 shares 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. If the time for the Company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the capital increase of the enterprise to the Company is more than 6 months, then to not transfer or entrust to a third party the Company?s 1,278,153 shares it holds directly before the public offering, or allow the Company to repurchase these shares within 12 months from the Company?s share listing date.

The company?s shareholder Ningbo Dinghui Qiheng Equity Investment Partnership Enterprise (Limited Partnership) committed If the time for the Company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the capital increase of the enterprise to the Company is not more than 6 months, then to not transfer or entrust to a third party the Company?s shares it holds before the public offering, or allow the Company to repurchase these shares within 36 months from the completion of the registration of industrial and commercial changes for the said capital increase. If the time for the Company to complete the first submission of the IPO of shares and the time to complete the registration of industrial and commercial changes for the capital increase of the enterprise to the Company is more than 6 months, then to not transfer or entrust to a third party the Company?s shares it holds before the public offering, or allow the Company to repurchase these shares within 12 months from the Company?s share listing date.

The shareholders, Hangzhou Junjie Investment Partnership (Limited Partnership), Shanghai Bangming Kexing Venture Capital Center (Limited Partnership), Shanghai Huichang Venture Capital Center (Limited Partnership), Ningbo Meishan Commitment of Yingshuo Xiangteng Investment Partnership (Limited Partnership), Shanghai Huangcheng Venture Capital Partnership (Limited Partnership), Li Huaping, Song Hua, Shen Huifen, Che Yunji, Zhou Yunxian, and Yang Jing have agreed not to dispose off any shares for 12 months from the 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 months from listing, lock-up period will be automatically extended for another 6 months.