Zhongliang Holdings Group Company Limited announced that in relation to the 11.5% senior notes due September 2021 in the aggregate principal amount of USD 400 million issued by the company and the listing thereof on the Stock Exchange. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Announcements. On 29 July 2021, the Group purchased the September 2021 Notes in an aggregate principal amount of USD 3 million in the open market, representing approximately 0.75% of the aggregate principal amount of the September 2021 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.