Certain A Shares of Jiang Xi Chenguang New Materials Co.,Ltd. are subject to a Lock-Up Agreement Ending on 4-AUG-2023. These A Shares will be under lockup for 1103 days starting from 27-JUL-2020 to 4-AUG-2023.

Details:
Company actual controller Ding Jianfeng, Yu Danhe, Ding Bing, Ding Jie, Liang Qiuhong, enterprises controlled by holding stockholder Jiangsu Jianfeng Investment Co., Ltd. and actual controller, namely, HK Nobel Advanced Materials Company Limited and Hukou Chenfeng Investment Management Partnership Enterprise (Limited Partnership) promised within 36 months after the listing date, they will not transfer nor entrust to others for management shares directly or indirectly held in the company prior to this IPO, nor allow the company to repurchase the said shares.

Danyang Haojing Borui Chemical Trading Co., Ltd., Hukou Chenyang Investment Management Partnership Enterprise (Limited Partnership), Jiaxing Zhiyang Investment Management Partnership Enterprise (Limited Partnership), promised within 12 months after the listing date, they will not transfer nor entrust to other for management outstanding shares held in the company prior to this offering, nor allow the company to repurchase the said shares.

Serving as company director, supervisor, senior management personnel Jing Bin, Xu Guowei, Ge Liwei, Xu Dali, Sun Zhizhong, Qiao Yuliang, Yu Zhongqi promised within 12 months after the listing date, they will not transfer nor entrust to others for management outstanding shares directly or indirectly held in the company prior to this IPO, nor allow the company to repurchase the said shares.