Certain A Shares of Ningbo Ocean Shipping Co., Ltd. are subject to a Lock-Up Agreement Ending on 8-DEC-2023. These A Shares will be under lockup for 371 days starting from 2-DEC-2022 to 8-DEC-2023.

Details:
Other shareholders Zhejiang Fuzhe Capital Management Co., Ltd., Zhejiang Airport Group Co., Ltd. and Hangzhou Iron and Steel Group Co., Ltd. promised within 36 months from the date when the pledger acquires the shares held by the pledger, and within 12 months from the date when the issuer?s shares are listed, do not transfer or entrust others to manage the initial public offering of the company directly or indirectly held by the pledger. The shares that have been issued before the issuance of shares shall not be repurchased by the company from the shares held by the promisee.