Tranche Update on Shandong Huatai Paper Industry Shareholding Co.,Ltd's Equity Buyback Plan announced on March 2, 2024.

From March 1, 2024 to March 31, 2024, the company has repurchased 13,063,568 shares, representing 0.86% for CNY 44.7 million. With this, the company has completed the repurchase of 13,063,568 shares, representing 0.86% for CNY 44.7 million under the buyback announced on March 2, 2024.