Certain A Shares of JWIPC Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 16-AUG-2023. These A Shares will be under lockup for 371 days starting from 10-AUG-2022 to 16-AUG-2023.

Details:
The company?s holding shareholder, actual controller Guo Xuhui, Yuan Weiwei promised that it will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 36 months after the listing date. 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. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Other shareholders Shenzhen Zhizhan Investment Partnership Enterprise (Limited Partnership)?Shenzhen Zhiju Investment Partnership Enterprise (Limited Partnership) promised that it will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 12 months after the listing date.

The Directors Gao Jing, management personnel Zhai Rongxuan, Xu Lizhao, Tu Youdong, Liu Dike promised that they will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 36 months after the listing date. 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. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

The Supervisors Dong Xuhui, Wang Wu promised that it will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares within 12 months after the listing date. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.