Tranche Update on Shenzhen Fuanna Bedding and Furnishing Co., Ltd.'s Equity Buyback Plan announced on September 25, 2020.

From January 1, 2021 to January 20, 2021, the company has repurchased 8,289,100 shares, representing 0.98% for CNY 62.17 million. With this, the company has completed the repurchase of 25,521,703 shares, representing 3.03% for CNY 200 million under the buyback announced on September 25, 2020.