Certain A Shares of Shenzhen JPT Opto-Electronics Co., Ltd. are subject to a Lock-Up Agreement Ending on 31-OCT-2023. These A Shares will be under lockup for 1469 days starting from 23-OCT-2019 to 31-OCT-2023.

Details:
Company's controlling shareholder and actual controller, Huang Zhijia, Tongxu Consulting Co., Ltd and Huang Huai have committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date. If within 6 months after the 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, the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties.

Director, Supervisor and Senior Management, who directly and/or indirectly hold shares in the company, Liu Jian, CHENG XUEPING, Zhang Yunpeng, Xupan Pangbo, Zhu Jiangjie, Yang Langxian, Liu Meng, Zhao Chongguang, Liu Ming and Wu Jianke, core technical staff members who directly and/or indirectly holds shares in the company, Liu Jian, CHENG XUEPING, Liu Meng, Zhao Chongguang, Liu Ming, Zhu Jiangjie, Wu Jidong, Li Liang, Liu Xiaoyu and Tang Mingcheng and Zhongdian Zhongjin Co., Ltd, committed not to transfer or entrust to a third party the company?s shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date. If, within 6 months after the 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.

All other shareholders of the Company, Shenzhen Lihe Co., ltd, Guangqi Songhe Investments, Shenzhen Venture Capital, Songhe No.1 Fund, Xiamen Zhongnan Investments Co., Ltd, Shanghai Qingyuan Co., Ltd., Talent No.1 Fund, Songhe Growth Fund, Rizhao Longsa Investments Co., Ltd., Wuxi Qingyuan Co., Ltd., Songhe Venture Co., Ltd., Zijingang Innovation Fund, Tibet Hanxin Investments Co., Ltd , Zhangzhou Hetai Co., Ltd., Ningbo Zhanpu Co., Ltd, Qingyuan Times Co., ltd, Beijing Zhanpu Fund, Ruilai Lerong Investments Co., Ltd., Suzhou Xinlin Fund, Hangzhou Zizhou Investments Co., Ltd., Zijingang No.3 Fund and Zhongdian Zhongjin Co., Ltd committed not to transfer or entrust to a third party the company?s shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date.