Certain A Shares of Shanghai Orient-Chip Technology Co.,LTD. are subject to a Lock-Up Agreement Ending on 19-OCT-2023. These A Shares will be under lockup for 373 days starting from 11-OCT-2022 to 19-OCT-2023.

Details:
The company?s holding shareholder, actual controller, the company?s shareholders Shanghai Xiaowei Enterprise Management Center (Limited Partnership), Shanghai Qunwei Enterprise Management Center (Limited Partnership) promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 36 months after the listing date. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing then the lockup period will automatically be extended for 6 months.

The company?s shareholders Hangzhou Yunhao Zhenxin Equity Investment Partnership Enterprise (Limited Partnership), Hangzhou Yunrui Equity Investment Partnership Enterprise (Limited Partnership) promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 36 months after the listing date.

The company?s shareholders Shenzhen Zhanxiang Information Technology Co., Ltd.?Suzhou Weijun Venture Capital Partnership Enterprise (Limited Partnership) promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 12 months after the listing date and within 36 months after obtaining shares in the company.

The company?s shareholders Hubei Xiaomi Yangtze River Industry Fund Partnership Enterprise (Limited Partnership)?Jiaxing Yongchuan Equity Investment Partnership Enterprise (Limited Partnership)?Wuhu Boxin No. 7 Equity Investment Partnership Enterprise (Limited Partnership)?Runke (Shanghai) Equity Investment Fund Partnership Enterprise (Limited Partnership)?Suzhou Juyuan Foundry Core Venture Capital Partnership Enterprise (Limited Partnership)?Huzhou Bolong Enterprise Management Partnership Enterprise (Limited Partnership) promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 12 months after the listing date.

The directors, supersivors and management personnel promised not to transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 12 months after the listing date. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing then the lockup period will automatically be extended for 6 months. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.