JIUYUAN GENE (02566) Plans to Repurchase Shares with Up to RMB100 Million

Stock News12-02

JIUYUAN GENE (02566) announced that its board of directors resolved on December 2, 2025, to repurchase up to approximately 10.9097 million H shares in the open market using no more than RMB100 million of its own funds, subject to market conditions. The repurchases will be conducted under the share buyback authorization from the date of this announcement until its expiration.

The actual repurchase price per H share in each transaction must not exceed a premium of 5% or more above the average closing price of the H shares over the five trading days immediately preceding each repurchase. The repurchased H shares may be canceled, held as treasury shares, or used for employee incentive plans.

The company currently maintains strong cash flow and stable financial conditions, which support its ongoing business development needs. The board believes that the current trading price does not fully reflect the company's intrinsic value and business prospects. The share repurchase demonstrates confidence in the company's growth potential and is expected to benefit shareholders by creating long-term value.

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