China Sanjiang Fine Chemicals (02198) Announces Share Repurchases and Share Capital Update

Bulletin Express10-22

China Sanjiang Fine Chemicals Company Limited (02198) released a Next Day Disclosure Return dated 21 October 2025, reporting that the number of issued shares (excluding treasury shares) stood at 1,190,000,000, with the total number of issued shares recorded as 1,189,000,000 as of that date. The announcement also noted three repurchase transactions—each involving 1,000,000 shares—conducted on 11 September, 26 September, and 21 October 2025 at volume-weighted average prices of HKD 1.7455, HKD 2.5463, and HKD 2.5157 per share, respectively.

On 21 October 2025, the repurchase covered 1,000,000 shares at prices ranging from HKD 2.46 to HKD 2.55, totaling HKD 2,515,680. All repurchases were executed under a mandate from 30 May 2025, which authorized the company to repurchase up to 119,000,000 shares (representing 0.24% of the outstanding shares at authorization). A 30-day moratorium period on new share issuance or sale of treasury shares, lasting until 26 October 2025, was also referenced in the announcement.

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