Certain A Shares of Hebei Sinopack Electronic Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 4-JAN-2024. These A Shares will be under lockup for 1106 days starting from 24-DEC-2020 to 4-JAN-2024.

Details:
The Company?s actual controller China Electronics Technology Group Corporation, holding shareholder The 13th Research Institute, China Electronics Technology Group Corporation, and shareholders Zhongdianke Investment Holding Co., Ltd., Hefei Zhongdianke Guoyuan Industry Investment Fund Partnership Enterprise (Limited Partnership), and Shijiazhuang Quansheng Yinghe Business Management Partnership Enterprise (Limited Partnership) 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.

The Company?s shareholder China Electronics Information Industry Investment Fund (Tianjin) Partnership Enterprise (Limited Partnership) 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.