Tranche Update on Shanghai Bairun Investment Holding Group Co., Ltd.'s Equity Buyback Plan announced on December 13, 2023.

From April 1, 2024 to June 10, 2024, the company has repurchased 1,286,800 shares, representing 0.12% for CNY 26.96 million. With this, the company has completed the repurchase of 4,667,800 shares, representing 0.45% for CNY 100.01 million under the buyback announced on December 13, 2023.