Xiamen YAN Palace (01497) Publishes Next Day Disclosure Return Revealing Share Repurchase

Bulletin Express11-25

Xiamen YAN Palace Bird’s Nest Industry Co., Ltd. (01497) disclosed that 200,000 H shares were repurchased on 25 November 2025 at HKD 7.15 per share, bringing the total repurchase amount to HKD 1,430,000. Following this transaction, the number of treasury shares increased from 2,856,800 to 3,056,800, while the number of issued shares (excluding treasury shares) decreased to 462,443,200. The total number of issued shares remained 465,500,000.

The company noted that this repurchase was conducted under the share repurchase mandate approved on 9 May 2025, which authorized up to 46,550,000 shares to be bought back. A cumulative 3,056,800 shares have been repurchased under this mandate, representing approximately 0.6567% of the issuer’s total shares (excluding treasury shares) on the date the resolution was passed. A moratorium period for any further new share issuances or sales and transfers of treasury shares is in place until 25 December 2025, in accordance with applicable listing rules.

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