Zhongliang Holdings Group Company Limited announced that on 18 October 2021, the Group repurchased the November 2021 Notes in an aggregate principal amount of USD 9.5 million, representing approximately 4.75% of the aggregate principal amount of the November 2021 Notes originally issued. Up to the date of this announcement, the Group has repurchased an aggregate principal amount of USD 33 million of the November 2021 Notes, representing approximately 16.5% of the aggregate principal amount of the November 2021 Notes originally issued. The company will continue to monitor market conditions and its financial structure and may further repurchase its senior notes as and when appropriate.