Certain A Shares of Zhejiang Liming Intelligent Manufacturing Co.,Ltd. are subject to a Lock-Up Agreement Ending on 16-NOV-2022. These A Shares will be under lockup for 371 days starting from 10-NOV-2021 to 16-NOV-2022.

Details:
The company's controlling shareholder Zhejiang Free Trade Zone Liming Investment Co., Ltd and shareholders Zhejiang Free Trade Zone Jiheng Investment Co., Ltd and Zhoushan Yifan Equity Investment Partnership (Limited Partnership) have promised that there will be no no transfers nor entrustment of shares to any third party nor repurchase by the Company within 36 months since the date of listing of shares. 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 company's actual controllers Yu Liming, Zheng Xiaomin and Yu Zhenhuan; Company director Chen Changqing, supervisors Hu Anqing, Shen Yingping, Yu Zeyang, and senior executives He Huading, who indirectly hold the company's shares have promised not to transfers nor entrustment of shares to any third party nor repurchase by the Company within 36 months since the date of listing of the shares. 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), 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.

The company's shareholder Ningbo Meishan Bonded Port Zone Zhefu Jufeng Equity Investment Partnership (Limited Partnership) has promised that there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company within 12 months since the date of listing of the shares.