Certain A Shares of Shanghai Hajime Advanced Material Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-MAY-2022. These A Shares will be under lockup for 368 days starting from 25-MAY-2021 to 28-MAY-2022. Details: The Company's holding shareholder Shanghai Jizhao Industrial Development Co., Ltd., actual controller Shao Xionghui, and directors and senior management who are indirect shareholders 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. Shao Xionghui and the company directors and senior management who are indirect shareholders promised: After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding. The Company's shareholders Ningbo Meishan Bonded Port Area Huazhao Equity Investment Partnership Enterprise (Limited Partnership) and Ningbo Meishan Bonded Port Area Baizhao Investment Management Partnership Enterprise (Limited Partnership) and supervisors who are indirect shareholders 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. The Company's shareholders Zhebei Mansion Group Co., Ltd., Cao Wenjie, Suzhou Zhonghe Chunsheng No. 3 Investment Center (Limited Partnership), and Jiaxing Xinghe Equity Investment 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.