Kinwong trims share capital by 0.02% through RMB 3.40 million restricted-stock buyback

Bulletin Express10-21 19:20

Shenzhen-listed circuit board maker Kinwong (stock name: KINWONG) has reduced its outstanding A-share capital after repurchasing and cancelling a total of 164,518 restricted shares on 21 October 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The transactions comprised: • 94,518 shares originally granted under the 2024 Share Option and Restricted Share Incentive Plan, repurchased at RMB 9.39 per share. • 70,000 shares from the 2026 Share Option and Restricted Share Incentive Plan, repurchased at RMB 35.83 per share.

The volume-weighted average consideration for the two tranches was RMB 3.40 million (USD 0.46 million), executed via private arrangements on the Shanghai Stock Exchange.

Following cancellation, Kinwong’s issued A-share capital decreased to 1.00224 billion shares from 1.00241 billion, a reduction of approximately 0.02%. No shares were held as treasury stock after the transaction.

The company confirmed that the repurchases were duly authorised by the board, fully funded, and executed in compliance with relevant regulations on both the Shanghai and Hong Kong stock exchanges.

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