Tranche Update on Beijing Yuanliu Hongyuan Electronic Technology Co., Ltd.'s Equity Buyback Plan announced on April 22, 2022.

From July 1, 2022 to September 30, 2022, the company has repurchased 391,762 shares, representing 0.17% for CNY 49.03 million. With this, the company has completed the repurchase of 429,642 shares, representing 0.19% for CNY 53.49 million under the buyback announced on April 22, 2022.