Certain A Shares of Zhongjie (Jiangsu) Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 30-SEP-2023. These A Shares will be under lockup for 736 days starting from 24-SEP-2021 to 30-SEP-2023.

Details:
Holding shareholders and actual controllers Wei Zhong; Wei Heliang have committed that within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. 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 shall automatically be extended for 6 months. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Enterprises under control of actual controllers Wei Zhong and Wei Heliang, Wuxi Puxian Investment Partnership Enterprise (Limited Partnership); Wuxi Dongming Tianyu Investment Partnership Enterprise (Limited Partnership); Wuxi Baoning Investment Partnership Enterprise (Limited Partnership) have committed that within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Shareholders Wuxi Xuan Tong Investment Partnership Enterprise (Limited Partnership); Wuxi Jintou Xin An Investment Partnership (Limited Partnership); Wang Jianming; Lin Zhuying; Wang Pengfei have committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.

Members of the board of directors and senior management personnel with shareholding Zhang Yefei; Fan Sheng; Jiang Haifeng; Hua Jun have committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. 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 shall automatically be extended for 6 months. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Members of board supervisory board Lu Yi; Yang Huibin have committed that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.