Certain A Shares of Shenzhen Xunjiexing Technology Corp. Ltd. are subject to a Lock-Up Agreement Ending on 11-MAY-2022. These A Shares will be under lockup for 365 days starting from 11-MAY-2021 to 11-MAY-2022.

Details:
The company's controlling shareholder and actual controller Ma Zhuo promised that 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended 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. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect. If any of the parties were to resign within 6 months from the present IPO, neither direct nor indirect holdings might be transferred or sold for 18 months since the date of rescinding. If the parties resign within 7 to 12 months after the IPO, neither direct nor indirect holdings might be transferred or sold for 12 months since the date of rescinding.

The company's non-natural person shareholder Huizhou Lianxun Dewei Investment Partnership (Limited Partnership), Huizhou Lianxun Hongtai Investment Partnership (Limited Partnership), Yuekai Capital Investment Co., Ltd., Shenzhen Huatuo Zhiyuan No. 2 Investment Enterprise (Limited Partnership) , Zhuhai Hengqin Ruihongkai Yinjiu Equity Investment Fund Enterprise (Limited Partnership), Shenzhen Talent Innovation and Entrepreneurship No. 2 Equity Investment Fund Partnership (Limited Partnership), Shenzhen Gaoxin Investment Venture Capital Co., Ltd.,Shenzhen Co-Creation Yuan Investment Consulting Enterprise (General Partnership), Ma Ying, a relative of the actual controller and Yang Chunguang, a relative of the actual controller The natural person shareholder Yang Chunguang is the brother of the spouse of the actual controller Ma Zhuo, and he, promises that Within 36 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Zhang Rende, a shareholder who serves as the issuer's supervisor and core technical staff, Shareholders Yang Weizhou, Li Tie, Liu Zhiming, Wang Dan, Du Yong, Liu Wanglan, and Wu Yumei who serve as directors, supervisors and senior management personnel of the company, shareholders Chen Qiang, Hu Xianjin, and Li Cheng who are the core technical personnel of the company, natural person shareholders of the company Li Xuemei, Liu Xiaoqing, Liu Xiaoqian, Liu Yijun, Wang Yuliang, Zhang Chengxun, Kang Huai promised that Within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

The number of restricted stocks listed in the offline allotment is 1,430,904 shares.

After the company's initial public offering of stocks, the total share capital was 133,390,000 shares, of which 103,100,404 shares were tradable shares subject to trading restrictions, and 30,289,596 shares were tradable shares not subject to trading restrictions.

The restricted shares in this listing are the company's initial public offering of restricted shares. The number of restricted shareholders is 466 shareholders, all of which are the company's initial public offering of shares by participating in offline inquiries and placements to eligible investors and winning the signing of the placement. Target, the lock-up period is 6 months from the date of listing of the company's shares. The number of shares corresponding to this part of the restricted shareholders is 1,430,904 shares, accounting for 1.0727% of the company's total share capital. For details, please refer to the company's announcement on April 30, 2021.

The number of shares that have lifted the restriction and applied for listing is 1,430,904 shares, which will be listed for circulation on November 11, 2021.