Certain A Shares of Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co., Ltd. are subject to a Lock-Up Agreement Ending on 19-JUN-2021. These A Shares will be under lockup for 374 days starting from 10-JUN-2020 to 19-JUN-2021.

Details:
The largest shareholder of the Company, Shanghai Pharmaceutical Group Co., Ltd., commits that 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.

New Enterprise Second Venture Capital, Shareholder Yang Zongmeng, Wang Haibo commits that 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.

Shareholder Su Yong, Zhao Dajun and Li Jun, Among the other shareholders of the company, Huahong Qianzhen (Tianjin) Enterprise Management Consulting Partnership (Limited Partnership), Nanchang Yingke Enterprise Management Service Center (limited partnership), QM65 Limited, Suzhou Industrial Park Qihua Phase II Investment Center (Limited Partnership), Suzhou Industrial Park Qiming Rongchuan Equity Investment Partnership (Limited Partnership) and Suzhou Qiming Rongxin Equity Investment Partnership (Limited Partnership) made the following commitments commits that Within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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.

Shareholders Shanghai Pudong Technology Investment Co., Ltd., Shanghai Zhiyuan Investment Center (Limited Partnership), Shanghai Chengyuan Investment Center (Limited Partnership), Shanghai Dayuan Investment Center (Limited Partnership), Shareholder Shanghai Fudan Asset Management Co., Ltd, Shareholders Lu Rong, Zhou Ming,hang Manjuan and Fang Jing, Indirect shareholder, supervisor and core technical personnel, Wang Luochun, Indirect shareholder, supervisor and core technical personnel, Yu Daiqing, Indirect shareholder, supervisor and core technical personnel, Gan Yimin, Indirect shareholder, supervisor and core technical personnel, Yang Xiaolin, Xue Yan, Zhang Wenbo, Tao Jining, Jiang Jianping and Shen Yijun commits that within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

The issuer's employee stock ownership platform makes the following commitments regarding the shareholding of the shares held commits that within 36 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. There will be no transfer of shares, directly or indirectly held, within 18 months from the date of declaration in case of resignation happening within 6 months from the date of listing of the company's shares; the first 7 months from the date of listing of the company's shares To the 12th month between the declaration of separation, since the declaration of departure within 12 months from the date of the transfer of the person directly or indirectly, the issuer shares.

Wang Yang (as a director, senior management, core technical staff), Tang Liming and Lan Zhanghua (as a director, senior management), Gai Wenlin (as a senior manager) and Zhao Guifen (as senior management) made the following commitments regarding the lock-up of the shares held by their shares commits that within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.