Certain A Shares of Jilin Joinature Polymer Co.,Ltd. are subject to a Lock-Up Agreement Ending on 15-MAR-2024. These A Shares will be under lockup for 182 days starting from 15-SEP-2023 to 15-MAR-2024.

Details:
The Company?s holding shareholder and actual controller Xie Huaijie, actual controllers Xie Yuning, Bi Xin committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.

After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s shareholders Jilin Jinzheng New Energy Technology Co., Ltd. and Pang Jinxiang committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.

The Company?s directors and senior management Yang Liping, Gao Fang, Li Zhenfang committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.

After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s supervisors Tan Wanlong, Liu Yaxin, Qin Zhenxing committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.

After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s core technical employees Xie Huaijie, Bi Xin, Qin Zhenxing, Ping Shiheng committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date. Within 4 years after the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company?s shareholders Wang Xiuyun and Liu Guoliang committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.