Shouhui (2621) Announces Plan to Repurchase Up to 3,000,000 Shares

Bulletin Express12-01

Shouhui Group Limited (the “Company,” stock code: 2621) announced that its board of directors resolved on December 1, 2025, to repurchase ordinary shares from the open market pursuant to the general mandate granted on May 13, 2025. The proposed buyback will involve up to 3,000,000 shares, representing approximately 1.33% of the Company’s total number of issued shares immediately following its Global Offering, excluding any shares issued under the Over-allotment Option.

The repurchase will be financed by the Company’s available cash reserves, with a price limit not exceeding 5% above the average closing price over the five preceding trading days. Repurchased shares may either be canceled or held as treasury shares, depending on market conditions and capital management considerations.

According to the Company’s board, the move reflects confidence in the business outlook and is intended to benefit shareholders by highlighting the Company’s intrinsic value. The actual execution of the share repurchase will be subject to market conditions and the board’s discretion; there is no guarantee regarding purchase timing, quantity, or price.

Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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