Tranche Update on Shenzhen Fuanna Bedding and Furnishing Co., Ltd.'s Equity Buyback Plan announced on July 14, 2015.

From July 13, 2015 to January 12, 2016, the company has repurchased 26,381,716 shares, representing 2.04% for CNY 300 million. With this, the company has completed the repurchase of 26,381,716 shares, representing 2.04% for CNY 300 million under the buyback announced on July 14, 2015.