JIUMAOJIU executes HKD1.30 million on-market buyback; issued share count steady at 1.39 billion

Bulletin Express04-24

Jiumaojiu International Holdings Limited disclosed a next-day return confirming the repurchase of 706,000 ordinary shares on 24 April 2026. The on-market transaction was executed within a price range of HKD1.83–HKD1.85 per share, for a total consideration of HKD1.30 million.

The shares bought back represent 0.0507 % of the company’s 1,391,782,700 issued shares (excluding treasury shares) as of the same date. All repurchased shares are earmarked for cancellation; no treasury shares are being retained. Consequently, the company’s outstanding share count remains unchanged at 1.39 billion until formal cancellation is completed.

The repurchase falls under the 06 June 2025 shareholder mandate, which authorises the company to buy back up to 139.76 million shares. Cumulative buybacks under this mandate now total 45.40 million shares, equivalent to 3.25 % of the issued share base when the mandate was approved.

In line with Main Board Rule 10.06(3)(a), Jiumaojiu is subject to a 30-day moratorium on new share issuance following the latest purchase, lasting through 24 May 2026. All repurchases were carried out in compliance with Hong Kong Listing Rules and the terms of the company’s explanatory statement dated 30 April 2025.

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