Certain A Shares of Zhejiang Walrus New Material Co.,Ltd. are subject to a Lock-Up Agreement Ending on 30-SEP-2021. These A Shares will be under lockup for 370 days starting from 25-SEP-2020 to 30-SEP-2021.

Details:
The Company's actual controller Wang Zhoulin and Wang Shufang, Company's shareholder Haining Jingmei Investment Management Partnership Enterprise (Limited Partnership) committed not to 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 36 months from the Company's share listing date.

The Company's shareholders Lu Guoqiang, Chen Jianliang, Shen Caixing, Company's shareholders Haining Nongchao'er Equity Investment Partnership Enterprise (Limited Partnership), Zuo Jianming, Pan Jianming, Feng Yuehua, Ye Shijin, Ma Wenming, Zhu Bingqi, Xia Changkun, Dai Jianming, Wu Jianxiang, Chu Jinqing, Jin Jun, Feng Xuezhou, Zhang Weibiao, Li Aimin, Zhang Yuesong, Sun Mingxiang, Shen Fengsheng, Chen Jianping, Zhang Qunmao, Fan Zhufeng, Shen Lei, Zhou Haiming, Xiao Meisheng, Zhang Jiuyan, Yuan Linfen, Li Min, Qian Jiangtao, Fu Hao, Sheng Guoxing, Jiang Fengbin, Wu Linjiang, Gu Chenlin, Li Xianhong, Quan Jun, Wu Xiaolan, Chu Yunxiang, Yuan Jianping, Sun Jinlin, Zhu Wenhua, Zhu Haofei, Wu Majiang, Zhu Hongxiang, Wang Yunsong, Chen Jinhui, Zhang Jianming committed not to transfer or entrust to a third party the Company's shares they hold before the public offering, or allow the Company to repurchase these shares within 12 months from the Company's share listing date.