Tsaker New Energy Tech (01986) Announces Next Day Disclosure Return, Updates Share Repurchase Activity

Bulletin Express11-24

Tsaker New Energy Tech (01986) reports that as of 24 November 2025, the total number of its issued ordinary shares remains at 968,722,500. There are no treasury shares outstanding, and no immediate changes to the issued share capital were recorded in this update.

According to the disclosure, the company has been repurchasing shares through various transactions between 26 August 2025 and 24 November 2025 at prices ranging predominantly between HKD 0.699 and HKD 0.81 per share. The most recent repurchase took place on 24 November 2025, involving 15,000 shares at HKD 0.79, for a total consideration of HKD 11,850. These repurchased shares are not yet cancelled and therefore do not reduce the current total of issued shares.

Under the repurchase mandate granted on 15 May 2025, the company is authorized to repurchase up to 97,091,800 shares. As of the latest report, 2,850,500 shares have been repurchased on the market, representing about 0.2936% of the number of issued shares when the mandate was granted. A moratorium period remains in effect until 24 December 2025, restricting new share issuances or sales of treasury shares.

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