Tranche Update on Jiangsu Canlon Building Materials Co., Ltd.'s Equity Buyback Plan announced on January 21, 2022.

From January 21, 2022 to March 31, 2022, the company has repurchased 4,265,320 shares, representing 1.09% for CNY 67.3 million. With this, the company has completed the repurchase of 4,265,320 shares, representing 1.09% for CNY 67.3 million under the buyback announced on January 21, 2022.