Tranche Update on Tianjin Meiteng Technology Co., Ltd's Equity Buyback Plan announced on December 28, 2023.

Tianjin Meiteng Technology Co Ltd is a China-based company whose main business is to provide industrial and mining intelligent equipment and systems. The Company's main products include two categories: intelligent equipment, intelligent systems and instruments. The intelligent equipment products include coal intelligent dry separation equipment, mineral intelligent dry separation equipment, intelligent coarse slime separation equipment and intelligent ladder flow dry separation machine. The intelligent systems and instruments products include intelligent unmanned loading system, intelligent system of coal preparation plant, equipment management system, energy cloud environmental protection system, X-ray ash analyzer, pulp ash analyzer and others.