Tranche Update on Wedge Industrial Co.,Ltd.'s Equity Buyback Plan announced on August 28, 2023.

Wedge Industrial Co Ltd is a China-based company mainly engaged in pharmaceutical manufacturing business. The Company's main businesses include the research and development, production and sales of micro-ecological live bacteria products, superalloys and products thereof. The Company also engages in metal detection and processing services. The Company's products include bifidobacterium lactobacillus triple viable bacteria tablets, vaginal lactobacillus viable bacteria capsules and probiotic dietary supplements and other micro-ecological viable bacteria products, as well as precision casting blades, superalloy powder discs, high temperature master alloys and alloy powder and other high-temperature alloy products. The Company mainly operates its businesses in the domestic and overseas markets.