Certain A Shares of Bonree Data Technology Co., Ltd are subject to a Lock-Up Agreement Ending on 17-AUG-2023. These A Shares will be under lockup for 1101 days starting from 11-AUG-2020 to 17-AUG-2023.

Details:
The Company?s shareholders Li Kai, Hou Jiankang, Feng Yunbiao, and Meng Xidong 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. Beijing Yuanhenglihui Investment Center (Limited Partnership) and Beijing Jiahe Xingli Investment Center (Limited Partnership), the shareholders of the company promised 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.

The Company?s shareholders Wang Limin, Jiao Ruolei, Gu Huixiang, and Li Xiaoyu, other shareholders 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 Suzhou Commercial Union Industrial Investment Partnership (Limited Partnership), Wu Huapeng, Xu Wenbin and Liu Xiaowei promised to 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.