Tranche Update on Hundsun Technologies Inc.'s Equity Buyback Plan announced on June 28, 2023.

Hundsun Technologies Inc. is specialized in developing and marketing technological solutions for the financial services sector. The group offers integrated solutions in the areas of securities trading, wealth management, brokerage, asset management, management of financial operations in the institutional sector, investment management, private equity management, handling of public offerings, financing, corporate financial management, business operation, supply chain management, etc. The products are intended primarily for financial institutions, banks, fund managers, trust companies, insurance companies, securities brokers, and investment funds. The turnover is divided across the following revenue sources: - sales of software (98.5%); - sales of material solutions (1.2%); - sales of technology parks (0.3%). 95.9% of the net sales are conducted in China.