Tranche Update on Shanghai Bairun Investment Holding Group Co., Ltd.'s Equity Buyback Plan announced on December 13, 2023.

From December 11, 2023 to December 31, 2023, the company has repurchased 770,000 shares, representing 0.07% for CNY 18.21 million. With this, the company has completed the repurchase of 770,000 shares, representing 0.07% for CNY 18.21 million under the buyback announced on December 13, 2023.