CHICMAX Executes HK$0.33 Million Buyback, Outstanding H Shares Fall to 199.60 Million

Bulletin Express10-20

Shanghai Chicmax Cosmetic Co., Ltd. (“CHICMAX”) disclosed that it repurchased 15,000 H shares on 20 October 2026 through on-market transactions on the Hong Kong Stock Exchange. The shares were acquired at prices ranging from HK$22.04 to HK$22.20, representing a volume-weighted average of HK$22.19 per share and a total consideration of approximately HK$0.33 million.

Following the transaction, CHICMAX’s issued share capital (excluding treasury shares) declined by 0.0075% to 199.60 million shares. Concurrently, treasury shares increased to 6.97 million, while the company’s total issued share count remained unchanged at 206.57 million.

The buyback was executed under the repurchase mandate granted on 8 May 2026, which authorizes CHICMAX to repurchase up to 20.64 million shares. Including the latest purchase, the company has repurchased 6.97 million shares to date—equivalent to 3.38% of the shares outstanding when the mandate was approved.

CHICMAX affirmed that the repurchase complied with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements. In line with exchange regulations, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 19 November 2026.

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