Certain A Shares of Dongnan Electronics Co.,Ltd are subject to a Lock-Up Agreement Ending on 10-NOV-2023. These A Shares will be under lockup for 373 days starting from 2-NOV-2022 to 10-NOV-2023.

Details:
Company's Supervisors Qiu Xujun, Shu Keyun and Qiu Dandan and company's shareholder Anji Jiuhong Enterprise Management Partnership (Limited Partnership), shareholders Bao Xiaoyun and Zhou Qiang have agreed 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?s controlling shareholders and actual controllers Qiu Wenkui, Guan Xianyao and Zhao Yizhong, shareholders Zhang Li, Dai Shizhong, director Li Jianpeng, senior executives Zhou Aimei, Zhang Jiayuan, Tan Yingxing, Lu Wenjie, Yueqing Zhongchuang Investment Management Partnership (Limited Partnership), a concerted action party of Qiu Wenkui, and company's shareholders Zhang Bing, Zhu Haoyu and Qian Zeli have agree 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.

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.