Certain A Shares of Hunan Kylinsec Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-OCT-2023. These A Shares will be under lockup for 373 days starting from 20-OCT-2022 to 28-OCT-2023.

Details:
The issuer?s controlling shareholder, actual controller, and chairman Yang Tao 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. 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. 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.

Employee shareholding platform shareholders Changsha Yangrui Enterprise Management Partnership (Limited Partnership), Changsha Yangqi Enterprise Management Partnership (Limited Partnership), Changsha Jieqing Enterprise Management Partnership (Limited Partnership) and Changsha Linpeng Enterprise Management Partnership (Limited Partnership) promise, 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. 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.

Hunan Hi-Tech Venture Capital Investment Group Co., Ltd., a shareholder holding more than 5% of the shares; Shareholders Changsha Xiangsha Enterprise Management Partnership (Limited Partnership), Beijing Huaruan Innovation Investment Partnership (Limited Partnership), Changsha Yuanrui Private Equity Fund Enterprise (Limited Partnership), Tianjin Tianchuang Yingxin Venture Capital Partnership (Limited Partnership) , Beijing Zhaode Information Technology Co., Ltd., Tianjin Tianchuang Dingxin Venture Capital Management Partnership (Limited Partnership) promised, Within 12 months from the date of listing and trading of The issuer?s shares on the Shanghai Stock Exchange, the company will not transfer or entrust others to manage the shares issued before the initial public offering of The issuer?s shares held by the company, nor shall The issuer Principal repurchased the shares that were issued before the initial public offering of The issuer held by the company.

Shareholders Peng Yong and Sun Lijie 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 issuer?s director, senior management, core technical personnel, and shareholder Liu Wenqing who hold more than 5% of the shares; The issuer?s director, senior management, and shareholder holding more than 5% of the shares, Ren Qi; The issuer's shareholder, director and senior executive Shen Kunkai; The issuer's shareholder, senior management, and core technician Chen Songzheng; Senior management of the issuer, indirect shareholders Su Haijun, Yang Ziyan 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. 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. 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.

Issuer Supervisors, Indirect Shareholders Wang Zhongfeng, Li Guanghui, Wen Dan Commitment, 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. 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.