Certain A Shares of Beijing JCZ Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 26-OCT-2023. These A Shares will be under lockup for 374 days starting from 17-OCT-2022 to 26-OCT-2023.

Details:
The company?s controlling shareholder and actual controller Ma Huiwen, Lü Wenjie, Qiu Yong, and Cheng Peng, Suzhou Keruizi Technology Development Center (Limited Partnership) and Suzhou Jingchengzhi Technology Service Center (Limited Partnership) 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.

After the expiry of the lock-up period (including the extended lock-up period), during the time serves 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.

Company shareholders Jiaxing Waniu Zhixin Equity Investment Partnership (Limited Partnership), Suzhou Chengxin Venture Capital Partnership (Limited Partnership), and Shandong Haomai Machinery Technology Co., Ltd., Cui Yinqiao, Chen Zemin, Zhang Ximei, Tian Xinrong, Wang Jian, and Wang Wenjuan promise 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.