RIMAG GROUP initiates on-market buyback of 7.50 million shares to fund Share Award Scheme

Bulletin Express06-23

Jiangxi Rimag Group Co., Ltd. (RIMAG GROUP) reported that its designated trustee has acquired 7.50 million company shares on the Hong Kong Stock Exchange from October 2025 to 23 June 2026. The purchases were conducted under the Share Award Scheme approved on 30 September 2024 and detailed in the circular dated 4 October 2024.

According to the announcement, the repurchased shares will be used exclusively for granting and vesting equity awards to directors, supervisors, senior management, core employees and service providers who contribute significantly to the Group’s operations and long-term growth. Management expects the equity incentives to strengthen talent retention, align employee interests with those of shareholders and enhance corporate cohesion.

The trustee is mandated to continue buying additional shares on the market as required by the Share Award Scheme.

The statement was authorised by Chairman, Executive Director and CEO Mr. Chen Zhaoyang on behalf of the Board and released in Hong Kong on 23 June 2026.

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