Certain A Shares of Sunlour Pigment CO.,LTD. are subject to a Lock-Up Agreement Ending on 29-JUL-2022. These A Shares will be under lockup for 373 days starting from 21-JUL-2021 to 29-JUL-2022.

Details:
The Company's holding shareholder and actual controller Yang Hanzhou and shareholders Taizhou Tongying Investment Management Center (Limited Partnership), Taizhou Shuangying Investment Management Center (Limited Partnership), Taizhou Gongying Investment Management Center (Limited Partnership), and Taizhou Gongxiang Investment Management Center (Limited Partnership) committed that they will 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.

The Company's shareholders Yang Hanzhong committed that they will 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 and senior management Pan Xiangwu, Zhao Yongdong, Mao Shunming, Xu Kaichang, and Yanghan Dong committed that they will 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.

The Company's shareholders Khorgas Xinchao Equity Investment Management Partnership Enterprise (Limited Partnership), Ningbo Meishan Bonded Port Area Chengyuyuan Equity Investment Fund Partnership Enterprise (Limited Partnership), Ningbo Meishan Bonded Port Area Guangyu Huicheng Equity Investment Fund Partnership Enterprise (Limited Partnership), Jinjiang City Shida Plastic Fine Co., Ltd., Shenzhen Grandway Capital Management Co., Ltd., Guangzhou Huasheng Paints & Pigments Co., Ltd., Rui Hongbo, Gu Guijun, Meng Yan, Zhao Guanjun, and Zhu Qiuhong and supervisors Ge Kougen, Zhu Ji, and Sun Yinghai committed that they will 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 offline issuance part adopts a proportional restriction method, and offline investors should promise that the 10% restriction period of the number of shares allocated to them is 6 months from the date of the issuer's initial public offering and listing. In this issuance, the number of shares restricted for 6 months under the offline ratio is 1,289,954 shares, accounting for 10.02% of the total offline issuance and 5.16% of the total public offering.