Tranche Update on Anhui Zhonghuan Environmental Protection Technology Co.,Ltd's Equity Buyback Plan announced on June 6, 2022.

Anhui Zhonghuan Environmental Protection Technology Co., Ltd is a China-based company which is mainly engaged in environmental engineering Business. The Company operates business through three segments. The Sewage Treatment Business segment is mainly engaged in the research and development, design consulting, construction, investment and operation services related to sewage treatment technologies and products. The Environmental Engineering Business segment is mainly engaged in the provision of environmental engineering design, construction, equipment procurement and integration, installation and commission services related to sewage treatment. The Other segment mainly involved in Solid waste treatment and waste incineration businesses. The Company mainly conducts its businesses in domestic market.