Certain A Shares of Jiangsu Chuanzhiboke Education Technology Co., LTD. are subject to a Lock-Up Agreement Ending on 12-JAN-2024. These A Shares will be under lockup for 1100 days starting from 7-JAN-2021 to 12-JAN-2024.

Details:
The Company?s controlling shareholder and actual controller Li Huoming, Chen Qiong, the Company?s actual controller Li Huoming?s controlled partnership enterprises Tianjin Tianchang Enterprise Management Advisory Partnership Enterprise (Limited Partnership), Tianjin Dikuan Enterprise Management Advisory Partnership Enterprise (Limited Partnership), Tianjin Renhuan Enterprise Management Advisory Partnership Enterprise (Limited Partnership), Tianjin Heding Enterprise Management Advisory Partnership Enterprise (Limited Partnership), Tianjin Lebang Enterprise Management Advisory Partnership Enterprise (Limited Partnership)and committed that they will not transfer or entrust to a third party the Company?s shares they hold 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.

Suzhou Yizhong Venture Capital Partnership Enterprise (Limited Partnership) committed that they will not transfer or entrust to a third party the Company?s 4,346,433 shares it acquired on December 18, 2018 from the Company?s actual controller Chen Qiong through share transfer, or allow the Company to repurchase these shares within 36 months from the Company?s share listing date if the period of acquisition of said shares is less than 6 months from the date when the Company applied and reported the IPO, is listed, and is formally accepted.

Xiamen Lihe Zhiying Investment Partnership Enterprise (Limited Partnership) committed that they will not transfer or entrust to a third party the Company?s 5,433,041 shares it acquired on December 2018 from the Company?s actual controller Chen Qiong through share transfer, or allow the Company to repurchase these shares within 36 months from the Company?s share listing date.

The Company?s directors and senior management Fang Lixun, Bi Xiangdong, Feng Wei, Qu Xiaoyan, the Company?s supervisors Zhang Peng, Li Tingwei, Suzhou Yizhong Venture Capital Partnership Enterprise (Limited Partnership), and all the Company?s other shareholders committed they will not transfer or entrust to a third party the Company?s shares they hold 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.

Xiamen Lihe Zhiying Investment Partnership Enterprise (Limited Partnership) committed that they will not transfer or entrust to a third party the Company?s other shares they hold before the public offering, or allow the Company to repurchase these shares within 12 months from the Company?s share listing date.