Certain A Shares of Jinko Solar Co., Ltd. are subject to a Lock-Up Agreement Ending on 27-JAN-2024. These A Shares will be under lockup for 738 days starting from 19-JAN-2022 to 27-JAN-2024.

Details:
Controlling Shareholder JinkoSolar Investment Limited 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.

The Actual controllers and director?s Li Xiande, Chen Kangping and Li Xianhua 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. 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.

Relatives of actual controllers Spouse of Li Xiande, Chen Xiafang, Spouse of Chen Kangping, Liang Min, Spouse of Li Xianhua, Sheng Jianfang 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.

Member of supervisory board Sun Min, Senior management personnel, Cao Haiyun, Miao Gen, Jin Hao, Ji Shaguo, Jiang Rui, Wang Zhihua promised that 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. For those who are also core technical personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company for the period within 4 years from expiration of trade moratorium on the shares held prior to IPO.

Core technical personnel Zhang Xinyu and Guo Zhiqiu promised that 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. The number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company for the period within 4 years from expiration of trade moratorium on the shares held prior to IPO.

New shareholders added 12 months prior to IPO draft filing, Shangrao Zhuoqun Enterprise Development Center (Limited Partnership), Shangrao Zhuoling Enterprise Development Center (Limited Partnership), Shangrao Kaitai Enterprise Development Center (Limited Partnership), Shangrao Runjia Enterprise Management Development Center (Limited Partnership), Shangrao Kaitai NO. 2 Enterprise Development Center (Limited Partnership) and Shangrao Zhuoling NO. 2 Enterprise Development Center (Limited Partnership) 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.

New shareholders added 12 months prior to IPO draft filing, Shangrao Jiarui Enterprise Development Center (Limited Partnership), JJiaxing Jingneng Investment Partnership (L.P.), Ningbo Rongxin Investment Partnership Enterprise (Limited Partnership), Gongqingcheng Yunjing Investment Partnership Enterprise (Limited Partnership), Fuzhou Economic and Technological Development Zone Xingrui Hesheng Equity Investment Partnership, Hangzhou Qingxing Investment Management Partnership Enterprise (Limited Partnership), Jiaxing Xinsheng Dongyan Investment Partnership Enterprise (L.P.), Beijing Chunlin Equity Investment Center (Limited Partnership) and China Securities Investment Limited promised that 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: 1. Within 12 months from date of listing, or; 2. within 36 months from obtaining company?s shares (on date of completion of changes in business registration). whichever is later.