Tranche Update on Yantai Shuangta Food Co., Ltd.'s Equity Buyback Plan announced on November 30, 2020.

From November 28, 2020 to January 11, 2021, the company has repurchased 26,440,750 shares, representing 2.13% for CNY 399.9 million. With this, the company has completed the repurchase of 26,440,750 shares, representing 2.13% for CNY 399.9 million under the buyback announced on November 30, 2020.