Tranche Update on Shanghai Sinyang Semiconductor Materials Co., Ltd.'s Equity Buyback Plan announced on December 19, 2018.

From December 18, 2018 to December 31, 2018, the company has repurchased 650,000 shares, representing 0.34% for CNY 15.55 million. With this, the company has completed the repurchase of 650,000 shares, representing 0.34% for CNY 15.55 million under the buyback announced on December 19, 2018.