Tranche Update on Shanghai Yongguan Adhesive Products Corp., Ltd.'s Equity Buyback Plan announced on December 29, 2023.

From January 1, 2024 to March 31, 2024, the company has repurchased 6,662,775 shares, representing 3.49% for CNY 84.89 million. With this, the company has completed the repurchase of 6,662,775 shares, representing 3.49% for CNY 84.89 million under the buyback announced on December 29, 2023.