Shanghai Forest Cabin Cosmetics Group Co., Ltd. (FOREST CABIN) has issued a voluntary announcement stating its intention to repurchase a portion of its H shares on the open market. The programme will operate under the share-repurchase mandate approved by shareholders at the 8 May 2026 annual general meeting.
The board believes the current share price does not fully reflect the company’s intrinsic value or long-term prospects. Management views the buy-back as a means to demonstrate confidence in future growth, enhance shareholder returns and protect overall corporate value.
Key parameters include: • Funding: Repurchases will be financed with internal resources legally available for this purpose. Management does not expect any material adverse impact on the Group’s working-capital position. • Execution: Purchases will be conducted on the Hong Kong Stock Exchange in compliance with the Listing Rules, the Codes on Takeovers and Share Buy-backs, and all other applicable regulations. • Flexibility: Depending on market conditions and capital-management considerations, any repurchased shares may be cancelled and/or held as treasury stock. The board will avoid reducing the public float below the minimum level required by the exchange.
The company did not specify the total amount, price range or timetable for the buy-back, noting that execution will depend on prevailing market conditions and the board’s discretion. Investors are advised to exercise caution when dealing in FOREST CABIN shares.
The announcement was authorised by Chairman, Executive Director and President Mr. Sun Laichun and issued in Shanghai on 3 July 2026.
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