CGN New Energy Reports 21.17 Million Shares Repurchased; Outstanding Share Capital Steady at 4.29 Billion

Bulletin Express10-23

CGN New Energy Holdings Co., Ltd. (CGN New Energy) filed its Next Day Disclosure Return with the Hong Kong Stock Exchange on 23 October 2026, confirming extensive share buy-back activity since 1 September 2026 while keeping its issued share capital unchanged.

Key takeaways

1. Issued share capital unchanged • Opening and closing balance on 22–23 October 2026: 4.29 billion ordinary shares. • No treasury shares were held as of either date.

2. Cumulative repurchases for cancellation • From 1 September to 23 October 2026, the company bought back 21.17 million shares, equivalent to 0.49 % of the 4.29 billion shares in issue when the mandate was granted on 28 May 2026. • Repurchase prices ranged between HKD 2.00 and HKD 2.17 per share. • All repurchased shares remain outstanding pending formal cancellation.

3. Latest market transaction • On 23 October 2026, CGN New Energy repurchased 0.82 million shares on the Exchange at prices between HKD 2.02 and HKD 2.05, for a total consideration of HKD 1.66 million.

4. Remaining headroom under mandate • Authorised limit: 428.99 million shares. • Utilised to date: 21.17 million shares, leaving c. 407.83 million shares available. • A 30-day moratorium on new share issues or treasury-share sales is in effect until 23 November 2026, in line with HKEX Rule 10.06(3)(a).

Compliance statement The board confirmed that all repurchases were executed on the Exchange under the approved mandate, with proceeds fully settled and all regulatory requirements satisfied.

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