Certain A Shares of Jilin Province Xidian Pharmaceutical Sci-Tech Development Co.,Ltd are subject to a Lock-Up Agreement Ending on 24-JAN-2023. These A Shares will be under lockup for 343 days starting from 15-FEB-2022 to 24-JAN-2023.

Details:
The Company's holding shareholder and actual controller Zhang Jun 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 lock-up has expired, while holding office, Zhang Jun committed to not transfer more than 25% of shares held each year.

Shareholders Meng Yonghong, Shi Yingxiu, and Hou Yulin committed to not transfer or entrust to a third party the Company's shares they hold indirectly before the issuance, or allow the company to repurchase those shares within 36 months from the listing date; to not transfer or entrust to a third party the Company's shares they hold directly before the issuance, or allow the company to repurchase those shares within 12 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 lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.

The Company's shareholders Guo Hongsheng, Zhang Yuancheng, Shi Shilin, Li Weiping, Wang Manlin, Li Yutao, Liu Wei, Wang Yiming, Hengqin Dingdian Equity Investment Fund Partnership Enterprise (Limited Partnership), SDIC Hi-tech Investment Co., Ltd., Hengqin Runhuiyi Equity Investment Fund Partnership Enterprise (Limited Partnership), Beijing Dingxin United Investment Development Center (Limited Partnership), Hangzhou Chuanghe Choice Venture Capital Partnership Enterprise (Limited Partnership), and Panshi Xinqing Investment Center (Limited Partnership) and indirect shareholders Wang Baozhong, Wang Libo, Cheng Jin, Lv Dawei, Wei Jinliang, and Wang Lili 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. After the lock-up has expired, while holding office, Wang Baozhong, Wang Libo, Cheng Jin, Lv Dawei, Wei Jinliang, and Wang Lili committed to not transfer more than 25% of shares held each year