Hong Kong, 15 October 2026 – TUHU Car Inc. (“TUHU-W”) disclosed in its Next Day Disclosure Return that 51,127 Class A weighted-voting ordinary shares were issued on 15 October 2026 following the exercise of employee stock options granted under the 2019 Share Incentive Plan. • The new shares represent 0.0062 % of the 756.27 million Class A shares outstanding prior to the transaction and were issued at USD 0.00002 per share, the plan’s exercise price. • Post-issuance, TUHU-W’s Class A share count rose to 756.32 million; total issued share capital (including 67.49 million Class B shares) now stands at 823.82 million.
Share repurchase activity remains active. Between 24 August and 15 October 2026 the company bought back 16.86 million Class A shares for cancellation—equivalent to roughly 2.05 % of the 823.77 million total issued shares outstanding as of 14 October 2026. Reported daily repurchase prices ranged from HKD 11.10 to HKD 12.75.
The latest buyback, executed on 15 October 2026, involved 225,700 shares repurchased on the Hong Kong Stock Exchange at prices between HKD 11.29 and HKD 11.50, costing HKD 2.57 million. Cumulatively, TUHU-W has repurchased 22.05 million shares under the mandate approved on 5 June 2026, utilizing 2.66 % of the 82.77 million-share limit authorized by shareholders.
Following the 15 October transaction, the company is subject to a 30-day moratorium—ending 14 November 2026—on issuing new shares or transferring treasury shares under Main Board Rule 10.06(3)(a).
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