Certain A Shares of Sino Biological Inc. are subject to a Lock-Up Agreement Ending on 17-AUG-2023. These A Shares will be under lockup for 738 days starting from 9-AUG-2021 to 17-AUG-2023.

Details:
The company?s holding shareholder Lhasa Ailike Investment Consulting Co., Ltd. promised 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 this 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 controller Xie Liangzhi promised 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 this 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. 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.

Other shareholders QM92 Limited ,Tianjin Yiqiao Anyuan Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Tianjin Yiqiao Anhe Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Tianjin Yiqiao Anheng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Tianjin Yiqiao Antai Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Tianjin Yiqiao Ancheng Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Tianjin Yiqiao Anping Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Suzhou Industrial Park Qihua Phase II Investment Center (Limited Partnership), Suzhou Industrial Park Qiming ROngchuang Equity Investment Partnership Enterprise (Limited Partnership) ,Suzhou Qiming Rongxin Equity Investment Partnership Enterprise (Limited Partnership) ,Huahong Qiangzhen (Tianjin) Enterprise Management Consulting Partnership Enterprise (Limited Partnership) ,Nanchang Yingke Enterprise Management Service Center (Limited Partnership) ,Shenzhen Qingsong Hengtai Investment Partnership Enterprise (Limited Partnership) ,Ningbo Meishan Free Trade Port Area Zeyu Investment Partnership Enterprise (Limited Partnership) promised 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 this issuance, nor allow the company to repurchase the said shares. The company?s directors, supervisors, management personnel promised 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 this 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. 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.