RS Macalline Cancels 1.04 Million Repurchased Shares, Cutting Total Share Count to 4.35 Billion

Bulletin Express04-21

RS Macalline (Red Star Macalline Group Corporation Ltd.) has completed the cancellation of 1.04 million previously repurchased A-shares, following approvals from its board on 19 December 2025 and an extraordinary general meeting on 16 January 2026. China Securities Depository and Clearing Corporation’s Shanghai branch processed the cancellation on 22 April 2026.

The repurchase programme, launched on 24 April 2022, authorised the use of RMB150 million–RMB300 million to buy back shares at no more than RMB11.04 per share. By 22 April 2023, the company had spent RMB5.00 million to acquire 1,044,800 A-shares, equal to 0.02 % of its then outstanding share capital.

Post-cancellation, total share capital declined from 4.35 billion shares to 4.35 billion shares, reflecting the 1.04 million-share reduction. A-share count decreased to 3.61 billion, while the 741.29 million H-shares remain unchanged.

The company reports that the adjustment does not affect its controlling shareholder structure, going-concern capability, or compliance with listing requirements.

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