Tranche Update on Shenzhen King Explorer Science and Technology Corporation's Equity Buyback Plan announced on May 9, 2022.

From October 1, 2022 to December 31, 2022, the company has repurchased 420,700 shares, representing 0.12% for CNY 3.77 million. With this, the company has completed the repurchase of 420,700 shares, representing 0.12% for CNY 3.77 million under the buyback announced on May 9, 2022.