Tranche Update on Anhui Truchum Advanced Materials and Technology Co., Ltd.'s Equity Buyback Plan announced on September 10, 2019.

From September 9, 2019 to December 31, 2019, the company has repurchased 34,539,792 shares, representing 2.59% for CNY 220.18 million. With this, the company has completed the repurchase of 34,539,792 shares, representing 2.59% for CNY 220.18 million under the buyback announced on September 10, 2019.