Certain A Shares of Winstech Precision Holding Co., LTD. are subject to a Lock-Up Agreement Ending on 11-MAY-2023. These A Shares will be under lockup for 371 days starting from 5-MAY-2022 to 11-MAY-2023.

Details:
Xia Lurong, the controlling shareholder and actual controller of the company, and Shengrong (Dongguan) Management Consulting Partnership (Limited Partnership) under his control promise 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.

Company shareholder Yang Guoqiang, Shenzhen Yifuhe Investment Co., Ltd., Juqi (Dongguan) Management Consulting Partnership (Limited Partnership), Zhongkun (Dongguan) Management Consulting Partnership (Limited Partnership) promise that 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.

Company shareholders Dongguan Sanzheng Financial Investment Co., Ltd., Dongguan Kechuang Capital Venture Capital Co., Ltd., Chongqing Southern Industrial Equity Investment Fund Partnership (Limited Partnership), Chongqing Xinjiancheng Enterprise Management Consulting Partnership (Limited Partnership) promise that 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.

Xia Lurong, Yang Guoqiang, Sun Jiahong, Cai Lingli, Zhao Kefei, Luo Guilin, Gan Xinzhao, Chen Qingchun and Zou Jian who directly or indirectly hold shares of the company's directors, supervisors and senior executives promised that within 36 months from the date of acquiring the issuer's 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, during the time they serve as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Xia Lurong, Yang Guoqiang, Sun Jiahong, Cai Lingli, Zhao Kefei, and Luo Guilin who directly or indirectly hold shares of the company's directors and senior executives promised that 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.