Certain A Shares of Tongling Jieya Biologic Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 4-DEC-2023. These A Shares will be under lockup for 735 days starting from 29-NOV-2021 to 4-DEC-2023.

Details:
The company's actual controllers Cai Yingchuan and Feng Yan 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. After the expiry of the lock-up period (including the extended lock-up period), the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Shareholders serving as directors and senior managers of the company Feng Lei, Cai Mingxia, Yuan Xianguo, Ye Ying, Hu Nenghua, and Wang Cuixia 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. After the expiry of the lock-up period (including the extended lock-up period), the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. Shareholders Cui Wenxiang and Zhu Huaihe who are the company?s supervisors 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. After the expiry of the lock-up period (including the extended lock-up period), the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. other company shareholders 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.