Tranche Update on Shenzhen King Explorer Science and Technology Corporation's Equity Buyback Plan announced on February 20, 2024.

From April 1, 2024 to June 30, 2024, the company has repurchased 1,848,600 shares, representing 0.54% for CNY 15.71 million. With this, the company has completed the repurchase of 3,062,000 shares, representing 0.89% for CNY 25.01 million under the buyback announced on February 20, 2024.