Certain A Shares of Nanjing Medlander Medical Technology Co.,Ltd. are subject to a Lock-Up Agreement Ending on 11-AUG-2023. These A Shares will be under lockup for 372 days starting from 4-AUG-2022 to 11-AUG-2023.

Details:
Yang Ruijia and Shi Zhihuai, as the company's controlling shareholder, actual controller, director, senior management, and core technical personnel, promised, that 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. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

The company?s shareholder Zhou Qin, as the company?s controlling shareholder and actual controller acting in concert, and Yang Ruijia?s spouse, promised that, 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.

Wang Wang, as a shareholder and senior manager of the company holding less than 5% of the company?s shares; As a shareholder and senior management of the company holding less than 5% of the company?s shares, Chen Jiangning; Zhu Bisheng, senior manager of the company, promised that, within 12 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. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Company shareholders, Shanghai Jinghui Lin Jinghui Equity Investment Center (Limited Partnership), Jiangsu Sports Industry Investment Fund (Limited Partnership), Nanjing Southeast Jushi Value Growth Equity Investment Fund (Limited Partnership), Nanjing Honglan Deshang Enterprise Management Partnership (Limited Partnership), promised that, within 12 months from the date of listing of the company?s shares, I will not transfer or entrust others to manage the shares that I directly or indirectly hold before the company?s public offering of shares, nor will the company repurchase those shares

The company?s supervisor Fan Lu, Chen Jianping; core technical person Luo Haitao promised that, within 12 months since the date of listing of the present shares or within 36 months from the company shares they got before this IPO, (Whichever is later shall prevail), there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company. After the expiry of the lock-up period (including the extended lock-up period), during the time serves as the company director, supervisor and senior manager, the party promise that yearly transfer of shares made by him/her will not exceed 25% of the holding.

Shareholders Nanjing Weilanjia Enterprise Management Partnership (Limited Partnership) and Nanjing Pinlanshang Enterprise Management Partnership (Limited Partnership) promised that, within 12 months since the date of listing of the present shares or within 36 months from the company shares they got before this IPO, (Whichever is later shall prevail), there will not be no transfers nor entrustment of shares to any third party nor repurchase by the Company.