Certain A Shares of Skyverse Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 17-MAY-2024. These A Shares will be under lockup for 367 days starting from 16-MAY-2023 to 17-MAY-2024.

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The company?s holding shareholder Suzhou Yiluming Optoelectronics Technology Co., Ltd. promised Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to 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 will automatically be extended for 6 months.

The company?s actual controller husband and wife Chen Lu, Ha Chengshu promised Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to 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 will automatically be extended for 6 months. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Actual controller?s party acting in concert Shenzhen Xiaonaguang Laboratory Investment Enterprise (Limited Partnership) promised Within 36 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to 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 will automatically be extended for 6 months.

Other shareholders SDIC (Shanghai) Technology Achievement Transformation Venture Capital Fund Enterprise (Limited Partnership) Beijing Core Kinetic Energy Investment Fund (Limited Partnership) Shenzhen Lingnan Shengye Co., Ltd. Shenzhen Qianhai Bolin Equity Investment Fund Co., Ltd. Institute of Microelectornics of the Chinese Academy of Sciences Shanghai Internet of Things Phase II Venture Capital Fund Partnership Enterprise (Limited Partnership) Shenzhen Capital Group Co., Ltd. Shenzhen Talent Innovation and Entrepreneurship No. 1 Equity Investment Fund (Limited Partnership) Habo Technology Venture Capital Co., Ltd. Shanghai Juyuan Zaixing Investment Center (Limited Partnership) Ningbo Dansheng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) Shanghai Pilot Free Trade Zone Phase III Equity Investment Fund Partnership Enterprise (Limited Partnership) Huakong Hubei Science and Industry Industry Investment Fund (Limited Partnership) Tibet Guoke Dingyi Investment Center (Limited Partnership) Shenzhen Lihe Rongtong Venture Capital Co., Ltd. Shanghai Juyuan Qitai Investment Center (Limited Partnership) Suzhou Juyuan Zhuxin Venture Capital Partnership Enterprise (Limited Partnreship) Yu Renrong?Wang Jiaheng Shanghai Ruipu Asset Management Co., Ltd. Gongqingcheng Lihe Huiying Investment Management Partnership Enterprise (Limited Partnership) promised Within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to issuance, nor allow the company to repurchase the said shares.

Other shareholder Guangdong-Dongguan Advanced Manufacturing Industry (Dongguan) Equity Investment Fund (Limited Partnership) promised Within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to issuance, nor allow the company to repurchase the said shares.

Directors Chen Kefu, Zhou Fannv, Liu Zhen, Zhou Qiaoyu, Sun Jian, Wang Xinlu, Chen Yukai promised Within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to 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 will automatically be extended for 6 months. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Supervisors Chen Bin, Wei Xiaohong, Chen Hongwu promised Within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to issuance, nor allow the company to repurchase the said shares. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Management personnel Gu Kainan promised Within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to 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 will automatically be extended for 6 months. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Core technical personnel Chen Lu promised Within 36 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to issuance, nor allow the company to repurchase the said shares. Within 12 months after listing date and within 6 months after resignation, will not transfer shares in the company. Within 4 years after expiration of lockup, the shares in the company held prior to issuance that can be transferred in a year will not exceed 25% of the total shares held in the company prior to issuance during listing.

Core technical personnel Huang Youwei, Yang Le promised Within 12 months after the listing date, will not transfer nor entrust to others for management shares in the company held prior to issuance, nor allow the company to repurchase the said shares. Within 12 months after listing date and within 6 months after resignation, will not transfer shares in the company. Within 4 years after expiration of lockup, the shares in the company held prior to issuance that can be transferred in a year will not exceed 25% of the total shares held in the company prior to issuance during listing.