Tranche Update on Zhejiang Sanhua Intelligent Controls Co.,Ltd's Equity Buyback Plan announced on December 28, 2018.

From April 1, 2019 to June 30, 2019, the company has repurchased 1,682,383 shares, representing 0.06% for CNY 21.78 million. With this, the company has completed the repurchase of 15,625,536 shares, representing 0.59% for CNY 218.91 million under the buyback announced on December 28, 2018.