Fenbi (02469) Announces Share Repurchase and Updates Treasury Shareholdings

Bulletin Express12-04

Fenbi Ltd. (02469) disclosed that on 04 December 2025, it repurchased 4,469,500 ordinary shares on the Hong Kong Stock Exchange. These shares, acquired at a highest price of HKD 3.14 and a lowest price of HKD 3.08, totaled a repurchase cost of HKD 13,901,100. Following this transaction, Fenbi Ltd. now holds 20,000,000 treasury shares.

As of 03 December 2025, there were 2,221,283,030 shares in issue (excluding treasury shares), plus 15,530,500 treasury shares, for a total of 2,236,813,530 shares. After the latest repurchase, the number of shares in issue (excluding treasury shares) stands at 2,216,813,530, while the total number of shares remains 2,236,813,530.

According to the announcement, the board resolution dated 27 June 2025 authorized the repurchase of up to 223,368,003 shares. Fenbi Ltd. reports that 20,000,000 shares have been repurchased under this mandate to date, representing approximately 0.89538% of the issuer’s share capital (excluding treasury shares) as of the resolution date. A 30-day moratorium on new share issuance or treasury share sales is in effect until 03 January 2026, in compliance with relevant regulations.

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