CHYY Development Group Limited (08128) Announces 1,000,000-Share Repurchase at HKD 0.04

Bulletin Express11-04

CHYY Development Group Limited (stock code: 08128) disclosed a share repurchase involving 1,000,000 ordinary shares on 4 November 2025 at a repurchase price of HKD 0.04 per share. The total amount paid was HKD 40,000, and all repurchased shares were held as treasury shares.

As of the closing balance on 4 November 2025, there were 4,499,325,163 issued shares (excluding treasury shares), 27,600,000 treasury shares, and a total of 4,526,925,163 shares on record. These figures reflect a reduction of 1,000,000 issued shares from the opening balance on 3 November 2025. The repurchases were authorized by a resolution passed on 22 May 2025, under which 452,692,516 shares are allowed to be repurchased.

According to the announcement, a 30-day moratorium period will apply until 4 December 2025 for any new share issuance, or sale or transfer of treasury shares, following the repurchase. The disclosure confirms that the transactions complied with applicable rules and regulations, with no shares repurchased for cancellation during this period.

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