Certain A Shares of Shanghai Suochen Information Technology Ltd. are subject to a Lock-Up Agreement Ending on 18-APR-2024. These A Shares will be under lockup for 374 days starting from 10-APR-2023 to 18-APR-2024.

Details:
The controlling shareholder and actual controller of the company, Chen Hao, promises 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 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.

Company shareholders Ningbo Chenshi Enterprise Management Partnership (Limited Partnership), Ningbo Puchen Enterprise Management Partnership (Limited Partnership), Shanghai Suohui Enterprise Management Consulting Partnership (Limited Partnership) promise 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

Wang Puyong, a company director, senior executive and core technician who indirectly holds the company's shares; Xie Rong, Mao Weizhe, Du Li, directors and senior managers of the company who indirectly hold the company's shares promised 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. 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 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.

New shareholders within 12 months before the company submits its IPO application Beijing Guofa Aviation Engine Industry Investment Fund Center (Limited Partnership), Shanghai Aviation Industry Equity Investment Fund Partnership (Limited Partnership), Hainan Jinyu Mantang Investment Partnership (Limited Partnership) promise Within 12 months since the date of listing of the present shares or within 36 months from the company shares they got before this IPO, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

Other shareholders of the company are Weifang Shuwei Investment Management Partnership (Limited Partnership), Hangzhou Bole Shengying Equity Investment Partnership (Limited Partnership), Ningbo Saizhi Yunsheng Venture Capital Partnership (Limited Partnership), Shanghai Yanggu Venture Capital Co., Ltd., Zhejiang Wofeng Industrial Co., Ltd., CDB Technology Venture Capital Co., Ltd., Shanghai Jianyuan Equity Investment Fund Partnership Enterprise (LP), Beijing Guoding Shichuang Junrong Investment Partnership (Limited Partnership), Hangzhou Fuyu Investment Partnership ( Limited Partnership), Haining Orient Datong Hexin Investment Partnership (Limited Partnership), Lin Feng, Ningbo Yingsheng Investment Partnership (Limited Partnership), Zhoushan Hanli Investment Partnership (Limited Partnership), Ningbo Lansheng Qianhui Investment Partnership (Limited Partnership) Limited Partnership), Suzhou Industrial Park Mingxin Equity Investment Partnership (Limited Partnership), Haining Dongfang Datong Huixin Investment Partnership (Limited Partnership), Ningbo Meishan Bonded Port Area Baodingying Equity Investment Partnership (Limited Partnership), Beijing Jiabei Huacheng Technology Co., Ltd. and Shanghai Jianyuan Investment Management Partnership (Limited Partnership) promise 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