Certain A Shares of Zhejiang Lianxiang Smart Home Co., LTD are subject to a Lock-Up Agreement Ending on 20-MAY-2023. These A Shares will be under lockup for 373 days starting from 12-MAY-2022 to 20-MAY-2023.

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The company's holding shareholder, actual controller Bu Xiaohua 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 issuance and shares held by Bu Jiaxiang, Bu Jiacheng, 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. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Ningbo Lianxiang Enterprise Management Consulting Partnership Enterprise (Limited Partnership) 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 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.

Bu Jiaxiang, Bu Jiacheng 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 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.

Chen Yanfeng 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 issuance, nor allow the company to repurchase the said shares.

Directors, management personnel Peng Xiaohong, Wang Juan, Chen Qilin, Chen Yefeng, Tang Qingfen 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 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. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Supervisors Jiang Wenbin, Weng Qunying, Zhang Zhanfeng 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 issuance, nor allow the company to repurchase the said shares. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Dehua Tubaobao Investment Management Co., Ltd. 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 issuance, nor allow the company to repurchase the said shares. For shares obtained within 12 months prior to the listing company's listing application, will not transfer nor entrust to others for management the said shares within 36 months after obtaining the said shares, nor allow the company to repurchase the said shares.

The company's other shareholders Shanghai Senlong Investment Management Center (Limited Partnership),Haitong Qidong (Weihai) Equity Investment Fund Partnership Enterprise (Limited Partnership),Hangzhou Lingyou Investment Management Partnership Enterprise (Limited Partnership),China Consulting Huafang Equity Investment Haiyan 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 issuance, nor allow the company to repurchase the said shares.