Tranche Update on Zhejiang China Light&Textile Industrial City Group Co.,Ltd's Equity Buyback Plan announced on October 17, 2022.

From October 13, 2022 to December 31, 2022, the company has repurchased 78,017,796 shares, representing 5.32% for CNY 342.18 million. With this, the company has completed the repurchase of 78,017,796 shares, representing 5.32% for CNY 342.18 million under the buyback announced on October 17, 2022.