Certain A Shares of Shenzhen Urban Transport Planning Center Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-OCT-2022. These A Shares will be under lockup for 374 days starting from 20-OCT-2021 to 29-OCT-2022.

Details:
Shenzhen Smart City Technology Development Group Co., Ltd., the controlling shareholder of the company, promises as follows that 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. 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.

Shenzhen Shenyan Transportation Investment Co., Ltd., a shareholder who directly holds more than 5% of the shares, promises as follows that 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 shareholders Lenovo (Beijing) Co., Ltd., TusHoldings Co., Ltd., and Zhuhai Hillhouse Daoyuan Asset Management Center (Limited Partnership), which directly hold more than 5% of the shares, promise as follows that within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

The directors and senior executives Zhang Xiaochun, Lin Tao, Tian Feng, Li Muping, Yang Yuxing, Song Jiahua and Xu Huinong who indirectly hold shares of the company promised as follows that within 36 months since the date of listing of the present shares in the Shanghai Stock Exchange, 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.

Supervisor Li Feng, who indirectly holds the company's shares but less than 5%, promises as follows that within 36 months since the date of listing of the present shares in the Shanghai Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.