Zhongliang Holdings Group Company Limited together with its subsidiaries (‘the Group’). Reference is made to the announcements of the company dated 20 September 2019, 26 September 2019, 27 September 2019, 10 October 2019, 22 October 2020, 29 October 2020, 23 November 2020, 24 November 2020, 6 January 2021, 13 January 2021, 14 January 2021, 11 May 2021, 20 May 2021 and 21 May 2021 (collectively, the “Announcements”) in relation to the 11.5% senior notes due September 2021 in the aggregate principal amount of $400 million (the “September 2021 Notes”), the 9.5% senior notes due July 2022 in the aggregate principal amount of $450 million (the “July 2022 Notes”) and the 8.5% senior notes due May 2022 in the aggregate principal amount of $300 million (the “May 2022 Notes”) issued by the Company and the listing thereof on the Stock Exchange. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcements. Between 13 July 2021 and 21 July 2021: the Group purchased the September 2021 Notes in an aggregate principal amount of $5.6 million in the open market, representing approximately 1.40% of the aggregate principal amount of the September 2021 Notes originally issued; the Group purchased the July 2022 Notes in an aggregate principal amount of $2.5 million in the open market, representing approximately 0.56% of the aggregate principal amount of the July 2022 Notes originally issued; the Group purchased the May 2022 Notes in an aggregate principal amount of $1 million in the open market, representing approximately 0.33% of the aggregate principal amount of the May 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.