Certain A Shares of ZRP Printing Group Co., Ltd are subject to a Lock-Up Agreement Ending on 27-OCT-2023. These A Shares will be under lockup for 379 days starting from 13-OCT-2022 to 27-OCT-2023.

Details:
Company holding stockholder ZRP Printing Group Limited promised 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.

Company?s actual controller Huang Huanran and Huang Minshi promised 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.

Company?s shareholders Shenzhen Ruichi Equity Investment Fund Partnership Enterprise (Limited Partnership) and Hengqin Jiesheng Investment Fund Partnership Enterprise (Limited Partnership) and Directors, supervisors and senior management indirectly holding shares in the company, namely, Yang Jianming, Zhang Zhihua, Zhao Chenghua, Lin Peihui, Zhou Shuyu, Ou Zhigang, Li Yehong and Chen Binhai promised within 12 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 IPO, nor allow the company to repurchase the said shares.

Directors, supervisors and senior management indirectly holding shares in the company, namely, Huang Huanran promised 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.