Certain A Shares of Ji'an Mankun Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-AUG-2023. These A Shares will be under lockup for 371 days starting from 5-AUG-2022 to 11-AUG-2023.

Details:
Actual controllers and controlling shareholders, Hong Juncheng, Hong Nashan, Hong Gengqi, Hong Gengyu, Hong Lixuan, Hong Libing, and Hong Jiying promised that, 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months.

Directors and Senior Management, Hong Juncheng, Hong Nashan, Hong Gengqi, Hong Lixuan, and Hong Jiying promised that, 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months. Within half year from resignation, may not transfer shares of the issuer held directly or indirectly.

Other shareholders, Shenzhen Ruizhi Weixin Equity Investment Partnership Enterprise (Limited Partnership), Ji?an Xinde Weida Investment Management Partnership Enterprise (Limited Partnership), and Ji'an Sidley Weida Investment Management Partnership Enterprise (Limited Partnership) promised that, within 1 year 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months. Date of completion of the repurchase, the lock-up period of all the issuer's shares held by the partnership will be automatically extended for three months.

Other shareholder, Ji?an Mingde Weida Investment Management Partnership Enterprise (Limited Partnership) promised that, upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months. For shares held within 12 months from declaration of IPO, within 1 year 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. For shares newly added within 12 months from declaration of IPO, within 3 years 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. Date of completion of the repurchase, the lock-up period of all the issuer's shares held by the partnership will be automatically extended for three months.

Senior Manager (with indirect shareholding through employee shareholding platform, Ji?an Mingde Weida Investment Management Partnership Enterprise (Limited Partnership)), Hu Xiaobin promised that, 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. Within 1 year 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months. Within half year from resignation, may not transfer shares of the issuer held directly or indirectly.

Supervisors (with indirect shareholding through employee shareholding platforms, Ji?an Xinde Weida Investment Management Partnership Enterprise (Limited Partnership) and Ji?an Mingde Weida Investment Management Partnership Enterprise (Limited Partnership)), Xiao Xuehui and Yang Xiangli promised that, 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. Within 1 year 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months. Within half year from resignation, may not transfer shares of the issuer held directly or indirectly.

Relative of actual controller (with indirect shareholding through employee shareholding platformJi?an Mingde Weida Investment Management Partnership Enterprise (Limited Partnership)), Hong Xiufeng promised that, 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. Upon failure to fulfill the above commitments, under the premise of complying with the provisions of laws, regulations, rules and normative documents, shall repurchase illegally sold shares within ten trading days, and from the date of completion of the repurchase, the lock-up period of all the issuer's shares held shall be automatically extended for three months.