Midea Group repurchases 1.55 million A-shares for RMB 112.91 million

Bulletin Express03-23

Midea Group Co., Ltd. disclosed that on 23 March 2026 it repurchased 1,546,708 A-shares on the Shenzhen Stock Exchange, paying between RMB 72.56 and RMB 73.68 per share. The aggregate consideration reached RMB 112.91 million, translating to a volume-weighted average price of approximately RMB 73.00 per share. The shares will be held as treasury stock for future equity incentive and/or employee stock ownership schemes.

Following the transaction, the company’s issued share capital excluding treasury stock fell from 6,880.17 million to 6,878.63 million shares, while treasury shares increased to 73.80 million. Total issued shares remained unchanged at 6,952.43 million.

The repurchased amount represents 0.0225% of the company’s outstanding shares immediately before the buyback. Management confirmed that the operation was fully authorised by the board and executed in compliance with Hong Kong and Shenzhen listing regulations.

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