Tranche Update on Hengdian Group Tospo Lighting Co., Ltd.'s Equity Buyback Plan announced on March 13, 2019.

From March 12, 2019 to January 17, 2020, the company has repurchased 10,770,791 shares, representing 2.2% for CNY 140.01 million. With this, the company has completed the repurchase of 10,770,791 shares, representing 2.2% for CNY 140.01 million under the buyback announced on March 13, 2019.