Certain A Shares of Ningbo Color Master Batch Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-JUN-2022. These A Shares will be under lockup for 370 days starting from 23-JUN-2021 to 28-JUN-2022. Details: The Company's holding shareholder and actual controller Ren Weiqing 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. While holding office, Ren Weiqing committed to not transfer more than 25% of shares held each year. Ren Weiqing's relatives Dong Xiaofa and Chen Fenli and shareholders Ningbo Hongrunyuan Equity Investment Partnership Enterprise (Limited Partnership) and Ningbo Huangrunyuan Equity Investment Partnership Enterprise (Limited Partnership) 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. The Company's Directors Zhao Maohua, Hong Yin, Mao Chunguang, Chen Zhongfang, and Chen Jie, Supervisors Zhang Xubo, Zu Wannian, and Zhou Bihong, and Senior Management Chen Jianguo 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. While holding office, they committed to not transfer more than 25% of shares held each year. The Company's shareholders Ningbo Lanrunyuan Equity Investment Partnership Enterprise (Limited Partnership), Shi Xingwu, Ying Fengyuan, Chen Chunlei, Xu Anming, Yu Yunhui, Sang Yongmin, Lu Jianning, Mao Baiyuan, Ruan Xiaolai, Luo Yifei, Xu Yingjie, Zheng Houyun, Li Xingda, Yu Peiwei, Wang Fuliang, Yan Guojun, Tang Yaning, Zhang Zhongying, Wu Jianliang, and Li Shengjian 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. The Company's shareholdersNingbo Lanrunyuan Equity Investment Partnership Enterprise (Limited Partnership) promised that 4.4423 million shares it held before the company's IPO, lock up period is 36 months. The Company's shareholder Ningbo Huangrunyuan Equity Investment Partnership Enterprise (Limited Partnership) promised that 4.4057 million shares it held before the company's IPO, lock up period is 12 months. The Company's Directors Zhao Mao promised that 3.60 million shares it held before the company's IPO, lock up period is 12 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. Ren Weiqing's relatives Dong Xiaofa and Chen Fenli and shareholders Ningbo Hongrunyuan Equity Investment Partnership Enterprise (Limited Partnership) 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. The Company's Directors Hong Yin, Mao Chunguang, Chen Zhongfang, and Chen Jie, Supervisors Zhang Xubo, Zu Wannian, and Zhou Bihong, and Senior Management Chen Jianguo 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. While holding office, they committed to not transfer more than 25% of shares held each year.