Certain A Shares of Jiangsu Tongxingbao Intelligent Transportation Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-SEP-2023. These A Shares will be under lockup for 368 days starting from 6-SEP-2022 to 9-SEP-2023.

Details:
Commitment of the issuer?s controlling shareholder Jiangsu Transportation Holdings Co., Ltd. and its related party, Jiangsu Expressway Network Operation Management Co., Ltd. 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. 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Commitments made by the issuer's shareholder Shanghai Union Venture Capital Co., Ltd., Taizhou Shangqiqifeng Equity Investment Partnership (Limited Partnership), Nantong Transportation Industry Group the issuer?s shareholders Tencent Cloud Computing (Beijing) Co., Ltd. and Shenzhen Gaodeng Computer Technology Co., Ltd. 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.