Certain A Shares of China Railway Harbin Group of Technology Corporation are subject to a Lock-Up Agreement Ending on 12-OCT-2023. These A Shares will be under lockup for 377 days starting from 30-SEP-2022 to 12-OCT-2023.

Details:
The actual controller, China Railway Group, the controlling shareholder China Railway Harbin Group Co., Ltd., and the shareholders China Railway Beijing Group Co., Ltd, China Railway Chengdu Group Co., Ltd., and China Railway Information Technology Group Co., Ltd. promised regarding the lock up that within 36 months since the date of listing of the present shares, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. 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.

Other shareholders Beijing Huayu Guochuang Equity Investment Fund Partnership (Limited Partnership), CRRC (Qingdao) Manufacturing Transformation and Upgrading Private Equity Investment Fund Partnership (Limited Partnership) and CRRC Capital Management Co., Ltd. promised regarding lock up that within 12 months since the date of listing of the present shares or within 36 months from the company shares they got before this IPO, (Whichever is later shall prevail), there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.