Tranche Update on Milkyway Chemical Supply Chain Service Co., Ltd.'s Equity Buyback Plan announced on January 18, 2023.

From January 17, 2023 to March 27, 2023, the company has repurchased 171,012 shares, representing 0.1% for CNY 20.75 million. With this, the company has completed the repurchase of 171,012 shares, representing 0.1% for CNY 20.75 million under the buyback announced on January 18, 2023.