Progress of A-share Buyback Plan
On April 29, 2026, the company's 9th Board of Directors held its 14th meeting and approved the proposal for the buyback of A-shares through centralized bidding. This was subsequently approved at the first extraordinary shareholders' meeting and the first A-share and H-share class shareholder meetings on May 26, 2026. On May 27, 2026, the company disclosed the buyback report, intending to use its own funds to repurchase A-shares via the Shenzhen Stock Exchange. The repurchased shares will be fully canceled, reducing the company's registered capital, with a buyback period not exceeding 12 months from the approval date. The total buyback amount will not be less than RMB 300 million (inclusive) and not exceed RMB 500 million (inclusive), with the specific amount based on actual usage. The buyback price will not exceed RMB 39.84 per share (inclusive).
On May 30, 2026, the company disclosed that on May 29, 2026, it repurchased 5,671,100 A-shares through a dedicated securities account via centralized bidding, accounting for approximately 0.13% of the company's total share capital. For further details, please refer to the announcements disclosed on the designated information disclosure websites of the Shenzhen Stock Exchange (www.cninfo.com.cn) and the Hong Kong Stock Exchange (https://www.hkexnews.hk).