Tranche Update on Zhongman Petroleum and Natural Gas Group Corp.,Ltd.'s Equity Buyback Plan announced on October 12, 2023.

From October 11, 2023 to December 10, 2023, the company has repurchased 1,981,200 shares, representing 0.5% for CNY 40 million. With this, the company has completed the repurchase of 1,981,200 shares, representing 0.5% for CNY 40 million under the buyback announced on October 12, 2023.