Xinyi Energy Executes HKD 1.98 Million Share Buyback; 30.08 Million Shares Await Cancellation

Bulletin Express10-27

Xinyi Energy Holdings Limited (Xinyi Energy) confirmed that it repurchased 2.76 million ordinary shares on 26 October 2026 via on-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 0.715 to HKD 0.72, for a volume-weighted average cost of approximately HKD 0.7181 per share and an aggregate consideration of HKD 1.98 million.

Including this latest purchase, Xinyi Energy now holds 30.08 million shares pending cancellation, equivalent to roughly 0.35 % of its 8.65 billion issued shares. Despite these repurchases, the company’s issued share capital remained unchanged at 8.65 billion shares as of 26 October 2026, as the bought-back shares have not yet been cancelled.

Since receiving shareholder authorisation on 29 May 2026 to repurchase up to 851.97 million shares, the company has bought back a cumulative 73.13 million shares, representing 0.86 % of the shares outstanding on the mandate date. Consequently, about 778.85 million shares remain available under the current buyback mandate.

Under Hong Kong Exchange rules, Xinyi Energy is subject to a moratorium on new share issues or treasury share sales for 30 days following the most recent repurchase, extending through 26 November 2026.

The board affirms that all repurchases have complied with the Hong Kong Listing Rules and relevant regulatory requirements, and confirms receipt of all funds due from these transactions.

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