Guoquan Food buys back 3.20 million H shares, lifting treasury stock to 122.92 million

Bulletin Express04-24

Guoquan Food (Shanghai) Co., Ltd. disclosed that on 24 April 2026 it repurchased 3.20 million H shares on the Hong Kong Stock Exchange.

The shares were bought at prices ranging between HKD 3.11 and HKD 3.17, with a volume-weighted average price of HKD 3.1518. The aggregate consideration amounted to HKD 10.08 million, and all repurchased shares are being held as treasury stock.

Post-transaction, Guoquan Food’s issued share capital (excluding treasury shares) fell by 0.12% to 2.62 billion shares, while treasury shares increased to 122.92 million. The company’s total issued share count, including treasury shares, remains unchanged at 2.75 billion.

The buy-back forms part of the mandate approved on 27 June 2025, which authorises the repurchase of up to 266.76 million shares. Cumulative repurchases under this mandate have reached 30.12 million shares, representing 1.13% of the issued share base on the mandate date.

Under Hong Kong listing rules, Guoquan Food is restricted from issuing new shares or transferring treasury shares until 24 May 2026.

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