300498SZSE

Announcement on the Completion of Share Buyback Reaching 1%

WENS FOODSTUFF GROUP CO., LTD.··4 pages

✨ AI Summary

This announcement details the completion of a share buyback program by Wens Foodstuff Group Co., Ltd., which reached 1% of total shares. The buyback involved a total expenditure of approximately RMB 1,199,999,680.64, with the average buyback price being RMB 17.59 per share. The company aims to enhance shareholder value through this initiative.

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Full Translation

AI Translation· azure_openai

Wens Foodstuff Group Co., Ltd. (hereinafter referred to as "the Company") held its fifth extraordinary general meeting on February 25, 2026, which approved the proposal regarding the share buyback plan. The Company intends to use its own funds to repurchase shares, with a total amount not exceeding RMB 120 million and not less than RMB 80 million (inclusive). The total number of shares to be repurchased shall not exceed 24 million shares (inclusive), with specific repurchase amounts to be determined based on actual conditions.

The Company will disclose details regarding the share buyback plan on the Shenzhen Stock Exchange on February 25, 2026, under announcement number: 2026-19.

1. Implementation Status of the Share Buyback Plan

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