Certain A shares of Zhejiang Yonghe Refrigerant Co., Ltd. are subject to a blocking agreement ending July 9, 2022.

Certain A shares of Zhejiang Yonghe Refrigerant Co., Ltd. are subject to a blocking agreement ending on July 9, 2022. These A Shares will be blocked for 368 days from 6-JUL-2021 to 9-JUL-2022. Details: The shareholders, Tong Jianguo and Tong Jiacheng, have agreed not to sell any shares for 36 months from the date of listing. If, within 6 months of the listing of the issuer, the closing price of the shares is lower than the issue price for 20 consecutive trading days or if the share price is lower than the issue price after 6 months from the listing, the period of unavailability will be automatically extended by another 6 months. In case of dividends, free shares, capitalization of the capital reserve and other similar cases, the issue price will be adjusted according to ex-dividend and ex-interest. After the expiration of the lock-up period (including the extended lock-up period), the parties agree that the annual share transfers they make will not exceed 25% of the stake, direct and indirect, held by the present parties. After a period of 6 months from the resolution, there will be no more transfers of shares, direct or indirect. If one of the parties were to resign within 6 months of this initial public offering, no direct or indirect shareholding may be sold or sold for 18 months from the date of resignation. If the parties resign within 7 to 12 months of the IPO, no direct or indirect interests may be transferred or sold for 12 months from the date of termination. The shareholders, Tong Limin, Chen Lihong, Tong Le and Ningbo Meishan Bonded Port Binglong Investment Partnership (Limited Partnership) have agreed not to dispose of any shares for 36 months from the date of listing. If, within 6 months of the listing of the issuer, the closing price of the shares is lower than the issue price for 20 consecutive trading days or if the share price is lower than the issue price after 6 months from the listing, the period of unavailability will be automatically extended by another 6 months. In case of dividends, free shares, capitalization of the capital reserve and other similar cases, the issue price will be adjusted according to ex-dividend and ex-interest. The shareholders, Xu Shuitu, Yu Feng, Ying Zhenzhou, Zhao Jingping, Li Dunbo, Wen Long, Huang Guodong, Fu Zhaoxiang, Zheng Qing, Zhejiang Xinghao Investment Co., Ltd., Huali Group Co., Ltd., Nantong Yihui Industrial Investment Partnership (limited partnership), Chen Qifeng, Shanghai Zuoya Investment Management Co., Ltd., Zhejiang Quzhou Yongfu Enterprise Management Partnership (limited partnership), Zhejiang Quzhou Yonghong Enterprise Management Partnership (limited partnership), Zhu Yinliang and other shareholders have agreed not to sell shares for 12 months from the listing date. If, within 6 months of the listing of the issuer, the closing price of the shares is lower than the issue price for 20 consecutive trading days or if the share price is lower than the issue price after 6 months from the listing, the period of unavailability will be automatically extended by another 6 months. In case of dividends, free shares, capitalization of capital reserve and other similar cases, the issue price will be adjusted according to ex-dividend and ex-interest.