Tranche Update on Zhejiang Sanhua Intelligent Controls Co.,Ltd's Equity Buyback Plan announced on July 17, 2021.

From October 1, 2021 to December 31, 2021, the company has repurchased 2,008,000 shares, representing 0.06% for CNY 45.01 million. With this, the company has completed the repurchase of 8,293,764 shares, representing 0.23% for CNY 185.89 million under the buyback announced on July 17, 2021.