Tranche Update on Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co., Ltd.'s Equity Buyback Plan announced on May 4, 2022.

From April 1, 2023 to April 28, 2023, the company has repurchased 0 shares, representing 0% for CNY 0 million. With this, the company has completed the repurchase of 7,716,600 shares, representing 2.77% for CNY 104.91 million under the buyback announced on May 4, 2022.