Tranche Update on Zhejiang Jasan Holding Group Co., Ltd.'s Equity Buyback Plan announced on January 28, 2021.

From January 27, 2021 to March 31, 2021, the company has repurchased 17,417,100 shares, representing 4.18% for CNY 148.34 million. With this, the company has completed the repurchase of 17,417,100 shares, representing 4.18% for CNY 148.34 million under the buyback announced on January 28, 2021.