Tranche Update on Runjian Co., Ltd.'s Equity Buyback Plan announced on April 13, 2023.

Runjian Co., Ltd., formerly Runjian Communication Co., Ltd., is a China-based company which is mainly engaged in the provision of communications network technology services. The Company provides communications operators with comprehensive technical services including construction, maintenance and optimization of communication network such as core network, wireless network and transmission network, and provides integrated technical services such as base station matching and tower construction and maintenance for China Tower, as well as provides information systems software custom development, integration and other information technology services.