Certain A Shares of Sublime China Information Co., Ltd. are subject to a Lock-Up Agreement Ending on 12-OCT-2023. These A Shares will be under lockup for 366 days starting from 11-OCT-2022 to 12-OCT-2023.

Details:
The controlling shareholder and actual controller Jiang Hulin's committed 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 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect.

The commitment of the directors, supervisors and senior managers who directly or indirectly hold the shares, Song Yang, Li Xueqiang, Cai Jun, Cui Kezeng, Dong Shihui, Ye Qiuju, Lu Hua, and Lü Chunjiang committed that Within 12 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 month from listing, lock-up period will be automatically extended for another 6 months. If there is any case of dividends, bonus shares, capitalization of capital reserve and other similar cases, issue price will be adjusted according to ex-dividend and ex-interests.

Hou Anquan, Qi Yuqin, and Liu Feng promised that within 12 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. After the expiry of the lock-up period (including the extended lock-up period), the parties promise that yearly transfer of shares made by them will not exceed 25% of the holding, both direct and indirect, held by the present parties. After 6 months from rescindment, there will not be more transfers of shares, either direct or indirect.

Zibo Wangzhiyi Investment Co., Ltd. committed that Within 36 months since the date of listing of the present shares in the Shanghai Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.

Ma Jiqing, Peng Liying, Gu Xiaoming, Shandong Duoying Energy Conservation and Environmental Protection Industry Venture Capital Co., Ltd., Blue Economic Zone Industrial Investment Fund (Limited Partnership), Shandong Blue Yunhai Venture Capital Partnership (Limited Partnership) shareholders promised that Within 12 months since the date of listing of the present shares in the Shanghai Stock Exchange, there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.