Tranche Update on Ningbo Ligong Environment And Energy Technology Co.,Ltd's Equity Buyback Plan announced on January 25, 2024.

Ningbo Ligong Environment And Energy Technology Co., Ltd is a China-based company principally involved in software and information and the provision of environmental protection, power monitoring and treatment solutions. The software and information business includes tool software development, customized software development and technical services, mainly used for power generation, power transmission and transformation, power distribution engineering, water quality monitoring, atmospheric monitoring and soil management. It also includes power grid engineering design and cost consulting services, as well as design, construction, installation and maintenance of intelligent engineering in the construction industry. The environmental protection, power monitoring and treatment solutions provide systems and software solutions for automatic online monitoring of water quality, automatic online monitoring of the atmosphere, soil management, and online monitoring of smart grids.