Certain A Shares of Jiang Su New Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 22-FEB-2024. These A Shares will be under lockup for 737 days starting from 15-FEB-2022 to 22-FEB-2024.

Details:
The company?s controlling shareholder Zhang Yi, actual controllers Zhang Yi, Ge Xiaoyan, and Ge Haoyong promised that there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company within 36 months since the date of listing of the present shares. 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.

The Shareholders Shanghai Yingba Industrial Co., Ltd., Huaian Guoyi Enterprise Management Center (Limited Partnership) promised that there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company within 36 months since the date of listing of the present shares. 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.

The Company shareholders Chen Ailing, Zhu Jiangming, Jiangsu Jiequan Yida Zhanxin Venture Capital Partnership (Limited Partnership), Yangzhong Gaotou Yida Venture Capital Fund Partnership (Limited Partnership), Huaian Gaotou Yida Innovation Venture Capital Fund (Limited Partnership) ), Caitong Chunhui Equity Investment Fund Partnership (Limited Partnership), Shaoxing Shangyu Deqing Jinyecai Equity Investment Fund Management Partnership (Limited Partnership) have promised that there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company within 12 months since the date of listing of the present shares.

The Company shareholders Wang Xuejie and Quan Xianfeng have promised that there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company within 12 months since the date of listing of the present shares. 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.