Certain A Shares of Swancor Advanced Materials Co., Ltd. are subject to a Lock-Up Agreement Ending on 28-SEP-2021. These A Shares will be under lockup for 370 days starting from 23-SEP-2020 to 28-SEP-2021. Details: The company’s direct and indirect controlling shareholder SWANCOR IND.CO.,LTD. (Samoa), Strategic Capital Holding Limited (Samoa), Swancor Ind. Co., Ltd., Swancor Holding Co., Ltd. have committed not to transfer or entrust to a third party the company’s shares they hold directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 months from listing, lock-up period will be automatically extended for another 6 months. The company’s other shareholders Jinfeng Investment Holding Co., Ltd., Funing Shangxin Advisory Service Partnership Enterprise (Limited Partnership), Funing Shangzhi Advisory Service Partnership Enterprise (Limited Partnership), Funing Shangcheng Advisory Service Partnership Enterprise (Limited Partnership), SWINHOKA INVESTMENT LIMITED have committed not to transfer or entrust to a third party the company’s shares they hold before the public offering, or allow the company to repurchase these shares within 12 months from the listing date. The company’s indirect shareholders serving as directors, supervisors, senior management, core technical personnel Cai Chaoyang, Guo Shirong, Wang Dawei, Gan Shuxian, Wang Hongrong, Gao Hongsong, Chen Jun’an, Xu Chongli, Xie Peizhen have committed not to transfer or entrust to a third party the Company’s shares they hold before the public offering, or allow the company to repurchase these shares within 12 months from the listing date. If, within 6 months after the issuer's listing, the closing price of the shares is lower than issuance price for 20 consecutive trading days or if trading price is lower than issuance price after 6 months from listing, lock-up period will be automatically extended for another 6 months.