Tranche Update on Shanghai Putailai New Energy Technology Co.,Ltd.'s Equity Buyback Plan announced on September 8, 2023.

From September 7, 2023 to September 30, 2023, the company has repurchased 9,066,100 shares, representing 0.45% for CNY 281.17 million. With this, the company has completed the repurchase of 9,066,100 shares, representing 0.45% for CNY 281.17 million under the buyback announced on September 8, 2023.