Certain A Shares of Shenzhen Techwinsemi Technology Co., Ltd. are topic to a Lock-Up Agreement Ending on 2-JUL-2023. These A Shares will probably be below lockup for 369 days ranging from 28-JUN-2022 to 2-JUL-2023.

Details:

The company’s holding shareholder, precise controller Li Hu, Tian Hua and precise controller relative Sun Tiejun and precise controller’s relations Li Yan, Luo Huilong promised that inside 36 months after the itemizing date, won’t switch nor entrust to others for administration direct or oblique shares within the firm held previous to issuance, nor permit the corporate to repurchase the stated shares.

If the closing worth of the company’s share is decrease than the problem worth for 20 consecutive buying and selling days inside 6 months after itemizing, or if the closing worth of the company’s share is decrease than the problem worth for the interval ending six months after itemizing, then the lockup interval will routinely be prolonged for six months.

During the time period of workplace within the firm as director/supervisor/administration personnel, the variety of shares within the firm transferred annually shall not exceed 25% of the whole shares held within the firm.

Shareholders Wei Hongzhang, Xu Daiqun, Shenzhen Jinchengyuan Investment Limited Partnership Enterprise (Limited Partnership) and the company’s different shareholders Shenzhen Yinchengyuan Technology Partnership Enterprise (Limited Partnership), Meizhou Jingfeng Venture Capital Partnership Enterprise (Limited Partnership), LeadingUI Co., Ltd., Xie Hongying, Shenzhen Bohui Technology Investment Partnership Enterprise (Limited Partnership), Dongguan Hongfu Equity Investment Partnership Enterprise (Limited Partnership), Hunan Dinghong Technology Partnership Enterprise (Limited Partnership), Dongguan Jinhong No. 1 Equity Investment Partnership Enterprise (Limited Partnership), Hunan Xinhongyuan Technology Partnership Enterprise (Limited Partnership), Hunan Ruixi Technology Partnership Enterprise (Limited Partnership), Shenzhen Jinchangyuan Investment Development Partnership Enterprise (Limited Partnership), Jinqifu Holding Co., Ltd., Kunming Zhiren Venture Capital Partnership Enterprise (Limited Partnership), Xiamen Qianshan Mifang Equity Investment Partnership Enterprise (Limited Partnership), Zhengzhi Co., Ltd. and the company’s administrators, supervisors and administration personnel Chen Lee Hua, Li Guoqiang, Li Peng, He Yong, Ye Bolin, He Xinning promised that inside 12 months after the itemizing date, won’t switch nor entrust to others for administration direct or oblique shares within the firm held previous to issuance, nor permit the corporate to repurchase the stated shares. During the time period of workplace within the firm as director/supervisor/administration personnel, the variety of shares within the firm transferred annually shall not exceed 25% of the whole shares held within the firm.