Tranche Update on Canvest Environmental Protection Group Company Limited's Equity Buyback Plan announced on June 13, 2019.

From July 1, 2019 to December 31, 2019, the company has repurchased 1,038,000 shares, representing 0.04% for HKD 3.5 million. With this, the company has completed the repurchase of 4,380,000 shares, representing 0.18% for HKD 15.7 million under the buyback announced on June 13, 2019.