Certain A Shares of Hangzhou Huawang New Material Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 29-DEC-2023. These A Shares will be under lockup for 1096 days starting from 28-DEC-2020 to 29-DEC-2023.

Details:
Company holding stockholder Hangzhou Huawang Industrial Group Co., Ltd. promised within 36 months after the listing date, will not transfer nor entrust to others for management outstanding shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares. Company actual controller Dou Zhengliang, Dou Jianghao promised within 36 months after the listing date, will not transfer nor entrust to others for management shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares. Company shareholders Dou Canru, Zhou Shu, Dou Zhengxian promised within 36 months after the listing date, will not transfer nor entrust to others for management outstanding shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares.

All company directors (excluding independent directors), supervisors, senior management personnel promised within 12 months after the listing date, will not transfer nor entrust to others for management outstanding shares directly or indirectly held in the company prior to this offering, nor allow the company to repurchase the said shares.