Zhou Hei Ya Cancels 31.83 Million Shares, Reducing Share Capital by 1.51%

Bulletin Express06-11 19:45

Zhou Hei Ya International Holdings Company Limited disclosed that it cancelled 31.83 million repurchased shares on 11 June 2026, trimming its outstanding share count by 1.51% to 2.08 billion ordinary shares from 2.11 billion as at 10 June 2026. The shares were bought back between 27 March and 28 May 2026 at a volume-weighted average price of HK$1.5108, implying a total cash outlay of approximately HK$48.09 million.

Key transaction metrics • Cancelled shares: 31.83 million • Proportion of pre-event share capital: 1.51% • Average repurchase price: HK$1.5108 per share • Post-cancellation issued shares: 2.08 billion

Ongoing buy-back activity As of the 11 June cut-off, a further 3.12 million shares (repurchased on 1–11 June 2026 at prices ranging from HK$1.34 to HK$1.48) remain pending cancellation. On 11 June alone, the company repurchased 469,500 shares on the Hong Kong Stock Exchange at prices between HK$1.35 and HK$1.40, spending HK$0.65 million.

Repurchase mandate utilisation • Mandate granted: 10 June 2026, authorising the buy-back of up to 211.29 million shares. • Shares repurchased under mandate to date: 1.12 million, equivalent to 0.05% of shares outstanding on the mandate date. • Moratorium: Zhou Hei Ya is restricted from issuing new shares or selling treasury shares until 11 July 2026.

All repurchases were conducted in accordance with Hong Kong Stock Exchange Main Board Rules, and no material changes have been made to the explanatory statement lodged on 20 April 2026.

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