Certain A Shares of Zhejiang Songyuan Automotive Safety Systems Co.,Ltd. are subject to a Lock-Up Agreement Ending on 25-SEP-2023. These A Shares will be under lockup for 1103 days starting from 17-SEP-2020 to 25-SEP-2023.

Details:
Company holding stockholder Hu Chanming, Shen Yanyan, Hu Kaina promised within 36 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares. Shareholder holding more than 5% stake Ningbo Meishan Free Trade Port Area Mingkai Equity Investment Partnership Enterprise (Limited Partnership) promised within 36 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares Directors, supervisors, senior management indirectly holding shares in the company, namely, Deng Yusheng, Li Kelei, Chen Binquan and Zhao Hong promised: within 36 months after the listing date, will not transfer nor entrust to others for management the shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares.