Zhongliang Holdings Group Company Limited announced that in relation to the 8.875% senior notes due November 2021 in the aggregate principal amount of USD 200 million issued by the company and the listing thereof on the Singapore Exchange Securities Trading Limited, the 7.5% senior notes due January 2022 in the aggregate principal amount of USD 250 million, the 8.5% senior notes due May 2022 in the aggregate principal amount of USD 300 million and the 9.5% senior notes due July 2022 in the aggregate principal amount of USD 450 million issued by the company and the listing thereof on The Stock Exchange of Hong Kong Limited. Between October 25, 2021 and October 27, 2021: the group repurchased the November 2021 Notes in an aggregate principal amount of USD 12.1 million, representing approximately 6.05% of the aggregate principal amount of the November 2021 Notes originally issued. The group repurchased the January 2022 Notes in an aggregate principal amount of USD 2 million, representing approximately 0.8% of the aggregate principal amount of the January 2022 Notes originally issued. The group repurchased the July 2022 Notes in an aggregate principal amount of USD 7 million, representing approximately 1.56% of the aggregate principal amount of the July 2022 Notes originally issued. Up to the date of this announcement: the group has repurchased an aggregate principal amount of USD 57.1 million of the November 2021 Notes, representing approximately 28.55% of the aggregate principal amount of the November 2021 Notes originally issued. The group has repurchased an aggregate principal amount of USD 12 million of the January 2022 Notes, representing approximately 4.8% of the aggregate principal amount of the January 2022 Notes originally issued. The group has repurchased an aggregate principal amount of USD 7 million of the May 2022 Notes, representing approximately 2.33% of the aggregate principal amount of the May 2022 Notes originally issued. The group has repurchased an aggregate principal amount of USD 15.5 million of the July 2022 Notes, representing approximately 3.44% of the aggregate principal amount of the July 2022 Notes originally issued. Subject to the board's discretion, the repurchased notes may or may not be cancelled. The company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.