Certain A Shares of Essence Fastening Systems (Shanghai) Co., Ltd. are subject to a Lock-Up Agreement Ending on 2-JUN-2022. These A Shares will be under lockup for 371 days starting from 27-MAY-2021 to 2-JUN-2022. Details: The company's holding shareholder Shanghai Yining Investment Co., Ltd., actual controller Song Guangdong, Shanghai Yuwei Investment Co., Ltd., Song Yibo, as close relative of the company's actual controller, Shanghai Wenchao Investment Co., Ltd. promised that within 36 months after the listing date, will 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 will automatically be extended for 6 months. Shareholder Wang Shengyong, Shareholders Shanghai Xianghe Yongyuan Equity Investment Partnership Enterprise (Limited Partnership), Zeng Lifeng, Lv Haijun, Zhao Hegang, Ningbo Meishan Bonded Port Area Jiazhan Equity Investment Partnership Enterprise (Limited Partnership), Ganzhou Chaoyi Investment Center (Limited Partnership) promised that within 12 months after the listing date, will 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. Shareholder Zhou Jiale promised that within 36 months after the listing date, will not transfer nor entrust to others for management 776,178 shares of the direct shares in the company held prior to this issuance, nor allow the company to repurchase the said shares; within 12 months after the listing date, will not transfer nor entrust to others for management 741,900 shares of the direct shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. The company's directors, supervisors and management personnel Song Shusheng, Zou Yong, Ji Songhui, Luo Yuanyan, Li Xin'an, Yi Qinfeng, Li Hongtao promised that within 12 months after the listing date, will 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 will automatically be extended for 6 months.