Tranche Update on Shenzhen King Explorer Science and Technology Corporation's Equity Buyback Plan announced on May 9, 2022.

From April 1, 2023 to May 8, 2023, the company has repurchased 467,900 shares, representing 0.13% for CNY 4.81 million. With this, the company has completed the repurchase of 2,358,600 shares, representing 0.68% for CNY 25.03 million under the buyback announced on May 9, 2022.