Tranche Update on Jiangsu Shuangxing Color Plastic New Materials Co., Ltd.'s Equity Buyback Plan announced on December 18, 2020.

From December 11, 2020 to December 31, 2020, the company has repurchased 1,883,800 shares, representing 0.16% for CNY 18.88 million. With this, the company has completed the repurchase of 1,883,800 shares, representing 0.16% for CNY 18.88 million under the buyback announced on December 18, 2020.