CHYY Development Group (08128) Completes 1 Million Share Repurchase at HKD 0.04

Bulletin Express11-05

CHYY Development Group Limited (Stock Code: 08128) published a Next Day Disclosure Return dated 5 November 2025. According to the announcement, the issuer repurchased 1,000,000 shares on the same date at a price of HKD 0.04 per share, involving an aggregate price of HKD 40,000. The repurchased shares were designated as treasury shares, bringing the total treasury share count to 28,600,000.

Prior to this transaction, the number of issued shares (excluding treasury shares) stood at 4,499,325,163. After the repurchase, that figure now stands at 4,498,325,163. However, the total number of issued shares, including treasury shares, remains 4,526,925,163. The repurchase fell under a mandate approved on 22 May 2025, which authorized the company to repurchase up to 452,692,516 shares, with 28,600,000 shares bought back under the mandate to date, equivalent to about 0.6318% of the issuer’s total shares as of the resolution date.

The company has indicated a moratorium period until 5 December 2025, during which no new shares may be issued, or treasury shares sold or transferred, without prior approval of the Stock Exchange.

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