Tranche Update on Ningxia Qinglong Pipes Industry Group Co., Ltd.'s Equity Buyback Plan announced on February 6, 2024.

From February 5, 2024 to March 31, 2024, the company has repurchased 3,149,700 shares, representing 0.95% for CNY 24.3 million. With this, the company has completed the repurchase of 3,149,700 shares, representing 0.95% for CNY 24.3 million under the buyback announced on February 6, 2024.