Tranche Update on Xi'an Manareco New Materials Co.,Ltd's Equity Buyback Plan announced on September 5, 2023.

XiAn Manareco New Materials Co Ltd, formerly XI an Manareco New Materials Co Ltd, is a China-based company mainly engaged in research and development, production and sales of special organic new materials. The Company's main products include organic light-emitting diode (OLED) materials, monomer liquid crystals and innovative drug intermediates. Its products are used in the production of OLED terminal materials, mixed liquid crystals and active pharmaceutical ingredients. The Company operates its businesses within the domestic market and to overseas markets such as Japan, Germany and South Korea.