Tranche Update on Weihai Guangtai Airport Equipment Co.,Ltd's Equity Buyback Plan announced on April 26, 2022.

Weihai Guangtai Airport Equipment Co., Ltd is a China-based company, principally engaged in the research and development, manufacture and distribution of airport ground equipment. The company produces ground equipment, fire vehicles and equipment, fire alarm equipment, military equipment, specialty vehicles and unmanned aircrafts. Its products include pallet loaders, tow tractors, alternating current (AC) power buses, jet start units, refuellers, aircraft deicers, handicapped vehicles, baggage conveyor belts, passenger boarding stairs, potable water service vehicles, lavatory service vehicles and catering trucks, among others. The Company's products are primarily applied in airports, airline companies, military facilities and export trading, among others.