Tranche Update on Ganzhou Tengyuan Cobalt New Material Co., Ltd.'s Equity Buyback Plan announced on April 27, 2023.

From July 1, 2023 to September 30, 2023, the company has repurchased 1,358,233 shares, representing 0.46% for CNY 49.66 million. With this, the company has completed the repurchase of 1,358,233 shares, representing 0.46% for CNY 49.66 million under the buyback announced on April 27, 2023.