Tranche Update on Jiangsu Allfavor Intelligent Circuits Technology CO.,Ltd's Equity Buyback Plan announced on December 13, 2022.

From July 1, 2023 to September 30, 2023, the company has repurchased 0 shares, representing 0% for CNY 0 million. With this, the company has completed the repurchase of 619,000 shares, representing 0.8% for CNY 16.93 million under the buyback announced on December 13, 2022.