Certain A Shares of Chison Medical Technologies Co., Ltd. are subject to a Lock-Up Agreement Ending on 3-DEC-2025. These A Shares will be under lockup for 2203 days starting from 22-NOV-2019 to 3-DEC-2025.

Details:
The Company?s holding shareholder Wuxi Xiang Sheng Investment Co., Ltd. and actual controllers Mo Shanjue, Mo Ruoli, and Lu Jian , director, Wuxi Xiangding Investment Enterprise (Limited Partnership), Wuxi Xiangpeng Investment Enterprise (Limited Partnership), Wuxi Xiangtong Investment Enterprise (Limited Partnership) and Shanghai Yude Technology Co., Ltd., Directors, supervisors, senior executives Zhoufeng, Zhang Junhua and Qi Xiulan issuer?s supervisor and core technician Chen Jianjun, Core technician Wang Hong, Zhao Mingchang, Zhangyong, Wangyong and Zhu Xiaoming committed to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the expiry of the lock-up period, the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding; If they leave the company, within 6 months, there will not be more transfers of shares.

The Company?s other shareholders committed: to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the company to repurchase those shares within 12 months from the listing date.