Certain A Shares of Hebei Gongda Keya Energy Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 8-AUG-2023. These A Shares will be under lockup for 371 days starting from 2-AUG-2022 to 8-AUG-2023.

Details:
Actual controller and Chairman of the Board of Directors, Qi Chengying Director, General Manager and Person acting in concert with the actual controller, Qi Chengyong and Director Qi Xiankai committed within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Enterprises controlled by the actual controller, Tianjin Keyada Energy Technology Co., Ltd., Shijiazhuang Fudong Investment Management Center (Limited Partnership), Shijiazhuang Zesheng Investment Management Center (Limited Partnership) and person acting in concert with the actual controller, Zheng Nailing committed within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.

Director and Deputy General Manager, Wu Xiangdong, Director and Deputy General Manager, Dong Zuosen and Secretary of the Board of Directors and Head of Finance, Gao Yue committed within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Chairman of the Board of Supervisors, Yang Hongjiang and Supervisor Luo Sizhou committed within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. During the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Shareholder with shareholding of over 5%, China Electronic System Technology Co., Ltd. committed within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. Within 36 months from acquiring shares on October 16, 2020, October 21, 2020, December 9, 2020, and on December 23, 2020, shall not transfer nor entrust to others for management these shares held in the company, nor allow the company to repurchase the said shares.

Newly added shareholders within 12 months before the draft, Hebei Changtai Construction Development Group Co., Ltd., Zhongdian Haihe Smart Emerging Industry Investment Fund (Tianjin) Partnership Enterprise (Limited Partnership) and Zhongdian Juzhi No. 1 (Tianjin) Enterprise Management Partnership Enterprise (Limited Partnership) committed within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. Within 36 months from acquiring shares of the company, shall not transfer nor entrust to others for management these shares held in the company, nor allow the company to repurchase the said shares.

Other direct shareholders, Tianjin Hebei University of Technology Asset Operation Co., Ltd., Hebei Technology Investment Group Co., Ltd., Hebei Jicai Jiade Equity Investment Fund (L.P.), Shanghai Handuo Investment Center (Limited Partnership), Zhuhai Zhongbing Guangfa Investment Fund Partnership Enterprise (Limited Partnership), Shijiazhuang Laipu Venture Capital Center (Limited Partnership), Dong Wenzhong, Shengjihao (Guangzhou) Equity Investment Partnership Enterprise (Limited Partnership), Zhao Li, Wuxi Xishan Sumin Chuangrong Equity Investment Partnership Enterprise (Limited Partnership), Suzhou Ronglian Venture Capital Enterprise L.P., Ningbo Zhongbing Huiming Daohe Investment Center (Limited Partnership), Yang Yinqiang, Ningbo Huiming Shifang Daohe Investment Center (L.P.), Gu Jihao, Xue Guixiang, He Yonglai, Dong Hai, Wu Yinghui, Xu Yanling, Liu Rongrong, Yu Fanying, Li Ming, Guo Haijiao, Li Hongwei, Gao Meng, Wang Ping, Yang Bin, Wang Xuemei, Liang Yanhong, Liang Tao, Sun Chunhua and Zhuhai Huiming Shifang Investment Center (Limited Partnership) committed within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares.