Certain A Shares of Jiangsu Liance Electromechanical Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 7-MAY-2022. These A Shares will be under lockup for 380 days starting from 22-APR-2021 to 7-MAY-2022.

Details:
The company's controlling shareholder, actual controller, core technical personnel Zhao Aiguo and their concerted action Li Hui and Zhang Hui promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Company shareholder Yu Lüsheng, a close relative of Zhao Aiguo, the controlling shareholder and de facto controller, promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Other natural person shareholders holding company shares, including Shi Wenxiang, Wang Shengchang, and Qiu Yongxing promised within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

The company's shareholders, directors, and senior management personnel Huang Bingrong promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. The company's shareholders, directors, and core technical personnel Shi Jiangping promised within 12 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Chen Ranfang, a company director who indirectly holds shares in the company, and Mi Jianhua and Tang Shuquan, senior management personnel of the company, promised within 12 months since the date of listing of the present shares, there will be no transfers nor entrustment of shares to any third party nor repurchase by the Company. The company supervisors Guo Jianfeng and Shen Genbao who indirectly hold company shares promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Corporate shareholders,Suzhou Zhongxinxinfu Emerging Industries Investment Partnership (Limited Partnership), Shanghai Huijin Investment Center (Limited Partnership), Changzhou Housheng Investment Co., Ltd., Nantong Jiulian Equity Investment Partnership (Limited Partnership) and Cixi Zhenzhi homologous investment partnership (limited partnership) promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. Other key technical personnel of the company, Kua Suosheng, Sun Yi, and Li Feng promised within 12 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.