Tranche Update on Wuxi Honghui New Materials Technology Co., Ltd.'s Equity Buyback Plan announced on December 13, 2018.

From December 12, 2018 to December 31, 2018, the company has repurchased 70,000 shares, representing 0.07% for CNY 1.47 million. With this, the company has completed the repurchase of 70,000 shares, representing 0.07% for CNY 1.47 million under the buyback announced on December 13, 2018.