Certain A Shares of Dongguan Dingtong Precision Metal Co., Ltd. are subject to a Lock-Up Agreement Ending on 21-DEC-2023. These A Shares will be under lockup for 1098 days starting from 18-DEC-2020 to 21-DEC-2023.

Details:
The company's controlling shareholder Dongguan Dinghong Junsheng Investment Co., Ltd. and the actual controllers Wang Chenghai and Luo Hongxia couple committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date. If, within 6 months after the 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. 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 actual controller of the company, Xinyu Dinghong New Investment Partnership (Limited Partnership) and Xinyu Ding promised to the investment partnership (Limited Partnership) not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 36 months from the company?s share listing date. If, within 6 months after the 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.

The company's shareholder Foshan Shunde District Kaizhi Enterprise Management Consulting Partnership (Limited Partnership), Kong Chuijun, Yu Songlin, Chen Xinping, Xu Xiaoxin, Zhu Shenggen and Luo Hongguo, who are directors, supervisors, senior management and core technical personnel who indirectly hold the issuer ?s shares, other shareholders Dongguan Yueke Xintai No. 5 Equity Investment Partnership (Limited Partnership), Shenzhen Lianxin Industrial Investment Enterprise (General Partnership), Dongguan Yuyi Investment Partnership (Limited Partnership) committed not to transfer or entrust to a third party the company?s shares it holds directly or indirectly before the public offering, or allow the company to repurchase these shares within 12 months from the company?s share listing date. If, within 6 months after the 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.