Tranche Update on Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co., Ltd.'s Equity Buyback Plan announced on May 4, 2022.

From May 4, 2022 to June 30, 2022, the company has repurchased 147,000 shares, representing 0.06% for CNY 1.98 million. With this, the company has completed the repurchase of 147,000 shares, representing 0.06% for CNY 1.98 million under the buyback announced on May 4, 2022.