GUOFUHEE (02582) announced its intention to exercise the power granted to the board by shareholders at the company's 2024 annual general meeting under the general buyback mandate. The board has resolved that, from the date of this announcement until the expiration of the general buyback mandate, the company will repurchase its H-shares on the open market of the Stock Exchange from time to time, subject to market conditions and the terms of the general buyback mandate. The total buyback amount is capped at HKD 50 million. The repurchases will be funded by the company's internal resources and will not involve any proceeds from its global offering.
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