Certain A Shares of Suzhou Xianglou New Material Co., Ltd. are subject to a Lock-Up Agreement Ending on 6-JUN-2023. These A Shares will be under lockup for 377 days starting from 25-MAY-2022 to 6-JUN-2023.

Details:
Qian Yixian, the controlling shareholder of the issuer, relative of the actual controller, Qian Yixian, the controlling shareholder of Jin Fangrong Company, relatives of the actual controller, and Jin Fangrong undertake within thirty-six months from the date of listing of the issuer's stock, they shall not transfer or entrust others to manage the issuer's shares held by them, nor shall the issuer repurchase the issuer's shares held. They will lock up and reduce shares in accordance with the relevant provisions of "Several Regulations on Share Reduction by Shareholders, Directors, Supervisors and Senior Management of Listed Companies" and "Implementation Rules for Share Reduction by Shareholders, Directors, Supervisors, and Senior Management of Listed Companies in Shenzhen Stock Exchange" ; If laws, regulations and relevant rules of China Securities Regulatory Commission and Shenzhen Stock Exchange provide otherwise, such provisions shall prevail. If they violate the above-mentioned share lock-up commitment and transfer the shares of the issuer that they hold without authorization, the transfer proceeds will belong to the issuer."

Except for Qian Yixian and Jin Fangrong, relatives of the company's controlling shareholder and actual controller, other shareholders of the company are Wang Yibin, Suzhou Qingyan Automobile Industry Venture Capital Enterprise (Limited Partnership), Wang Zhirong, Xiamen Zhongnan Hongyuan Equity Investment Fund Partnership (Limited Partnership) , Suzhou Guofa Emerging Industry Venture Capital Enterprise (Limited Partnership), Xi Xiaofeng, Ren Jianrui, Suzhou Zhonghe Chunsheng No. 3 Investment Center (Limited Partnership), Qian Ronggen, Suzhou Longju Chuanglian Venture Capital Enterprise (Limited Partnership), Hangzhou Xingyuan Hongcaizhi Investment Partnership (Limited Partnership), Zhang Yuping, Rao Li, Suzhou Ganlin Investment Partnership (Limited Partnership), Shenzhen CMB Wealth Zhanyi Growth Investment Partnership (Limited Partnership), Zhang Aixin, Suzhou Qingyuan ASRock Venture The investment enterprise (limited partnership) and Zhang Guoxing, whose undertaking are within 12 months from the date of listing of the issuer's stock, they shall not transfer or entrust others to manage the issuer's shares held by them, nor shall the issuer repurchase the issuer's shares held by them. They will lock up the shares in accordance with the relevant provisions of "Several Regulations on Share Reduction by Shareholders, Directors, Supervisors and Senior Management of Listed Companies" and "Implementation Rules for Share Reduction by Shareholders, Directors, Supervisors and Senior Managers of Listed Companies in Shenzhen Stock Exchange" and shareholding reduction; if laws, regulations and relevant rules of China Securities Regulatory Commission and Shenzhen Stock Exchange provide otherwise, such provisions shall prevail. If they violates the above-mentioned share lock-up commitment and transfers the issuer's shares held by them without authorization, the transfer proceeds will belong to the issuer.