Tranche Update on Beijing Urban Construction Investment & Development Co., Ltd.'s Equity Buyback Plan announced on April 10, 2021.

From April 8, 2021 to June 30, 2021, the company has repurchased 78,950,688 shares, representing 3.66% for CNY 401.96 million. With this, the company has completed the repurchase of 78,950,688 shares, representing 3.66% for CNY 401.96 million under the buyback announced on April 10, 2021.