<div id="readability-page-1"><div><p>Certain A Shares of Shangda Superalloys Co., Ltd. are subject to a Lock-Up Agreement Ending on 16-OCT-2025. These A Shares will be under lockup for 370 days starting from 11-OCT-2024 to 16-OCT-2025.</p><p>  Details:<br/> The Company?s holding shareholder and actual controller Luan Donghai committed, to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the Company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.</p><p>  Luan Donghai?s relatives Li Ailing, Zhang Yangyang, and Luan Jizhe committed, to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the Company to repurchase those shares within 36 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months.</p><p>  The Company?s shareholder Zhonghe Shangda Co., Ltd. committed, to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the Company to repurchase those shares within 36 months from the listing date.</p><p>  The Company?s directors, supervisors, and senior management Li Aimin, Zheng Xianfeng, Wang Yanhua, Gao Shengyong, Yang Qingkai, Lu Guohai, Zhang Jiangai, and Xu Zhibo committed, to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the Company to repurchase those shares within 12 months from the listing date. If within 6 months after the listing, the closing price of the shares is lower than the issuance price for 20 consecutive trading days or if the trading price is lower than the issuance price 6 months after listing, the lock-up period will be automatically extended for another 6 months. After the lock-up has expired, while holding office, they committed to not transfer more than 25% of shares held each year.</p><p>The Company?s shareholders SDIC Mining Investment Co., Ltd., AVIC Heavy Machinery Co., Ltd., Beijing-Tianjin-Hebei Industry Collaborative Development Investment Fund (Limited Partnership), Tongxiang Tegaite Equity Investment Fund Partnership Enterprise (Limited Partnership), Shanghai Nanchuang Information Technology Center (Limited Partnership), Ganzhou Kangde Shangda Investment Management Partnership Enterprise (Limited Partnership), Jiaxing Shangda Investment Management Partnership Enterprise (Limited Partnership), and the 32 individuals committed, to not transfer or entrust to a third party the Company?s shares they hold directly or indirectly before the issuance, or allow the Company to repurchase those shares within 12 months from the listing date.</p></div></div>

上大股份

<p>上大股份有限公司的某些 A 股在 2025 年 10 月 16 日之前受到锁定协议的限制。该锁定期从 2024 年 10 月 11 日开始，持续 370 天，禁止股东转让股份。主要承诺包括对主要股东的 36 个月限制以及对董事和管理层的 12 个月限制。如果股价跌破发行价，锁定期可能延长 6 个月。锁定期结束后，股东在任职期间每年只能转让 25% 的股份</p>

上大股份有限公司的部分 A 股受到锁定协议的限制，该协议将于2025年10月16日到期