Tranche Update on Tianshan Aluminum Group Co.,Ltd's Equity Buyback Plan announced on July 7, 2022.

Tianshan Aluminum Group Co Ltd, formerly Shimge Pump Industry Group Co Ltd, is a China-based company mainly engaged in comprehensive aluminum production, manufacturing and sales. The Company's main business is the production and sales of primary aluminum, aluminum deep-processed products and materials, pre-baked anodes, high-purity aluminum and alumina. The Company is also engaged in the research, development, manufacture and distribution of water pumps and air compressors. The Company provides small-scale submersible electric pumps, sewage and waste submersible electric pumps, submersible electric pumps for wells, onshore pumps and other agricultural water pumps, as well as air compressors and other related components. Its products are applied in agricultural irrigation, rural water supply and transportation, as well as rural wastewater treatment, among others. The Company distributes its products in both domestic and overseas markets.