Tranche Update on Shenzhen King Explorer Science and Technology Corporation's Equity Buyback Plan announced on February 20, 2024.

From February 19, 2024 to March 31, 2024, the company has repurchased 1,213,400 shares, representing 0.35% for CNY 9.3 million. With this, the company has completed the repurchase of 1,213,400 shares, representing 0.35% for CNY 9.3 million under the buyback announced on February 20, 2024.