Certain A Shares of Shenzhen hongfuhan Technology Co. Ltd. are subject to a Lock-Up Agreement Ending on 20-OCT-2023. These A Shares will be under lockup for 737 days starting from 13-OCT-2021 to 20-OCT-2023.

Details:
Zhang Dingwu, the company's controlling shareholder and the actual controller, company's joint actual controller Qiu Xiaoxia commit to 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.

Tao Xinghou, Zhao Zilong, Liu Wei, Zhang Siming as directors and senior managers of the company, Shenzhen Hanzhuo Industrial Partnership (Limited Partnership), Hengmei International Co., Ltd. promised within 12 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. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. 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.