Certain A Shares of J.Pond Precision Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-SEP-2023. These A Shares will be under lockup for 377 days starting from 9-SEP-2022 to 21-SEP-2023.

Details:
The company?s holding shareholder Shenzhen Jiebang Holding Co., Ltd. and its party acting in concert Shenzhen Jiebang Investment Partnership Enterprise (Limited Partnership) promised that, 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 controllers Xin Yunfeng, Yang Wei, Yin Guanming promised that, 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 as director, supervisor, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

The company?s shareholder Guangzhou Juncheng Investment Development Co., Ltd. and its party acting in concert Gongqingcheng JIebang Investment Partnership Enterprise (Limited Partnership) promised that, 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.

New shareholders Changjiang Chendao (Hubei) New Energy Industrial Investment Partnership Enterprise (Limited Partnership), Guosen Capital Co., Ltd., Ningbo Tianrui Enterprise Management Partnership Enterprise (Limited Partnership), Gongqingcheng Yejun Hongcheng Investment Partnership Enterprise (Limited Partnership), and Ningbo Meishan Free Trade Port Area Chaoxing Venture Capital Partnership Enterprise (Limited Partnership) promised that, within 36 months after the completion of the registration modification for the capital increase and 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.

Issuer?s shareholder and chief financial officer Pan Xin promised that, 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 as director, supervisor, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Directors/supervisors/senior managers who indirectly hold shares of the issuer Lin Qiongshan, Jiang Chengjian, Yang Cheng, Xie Zhanfeng, Feng Mingzhen, Hu Zongwei, Li Tonglong promised that, during the term of office in the company as director, supervisor, management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.