SHOUCHENG Buys Back 17.35 Million Shares, Adds HK 28.34 Million to Treasury Stock

Bulletin Express06-23

Shoucheng Holdings Limited disclosed a share repurchase of 17.35 million ordinary shares on 23 June 2026, executed on the Hong Kong Stock Exchange. The transaction represents 0.21 % of the company’s 8.08 billion issued shares (excluding treasury shares) prior to the buyback.

The shares were repurchased at prices ranging from HKD 1.61 to HKD 1.67, with a volume-weighted average cost of HKD 1.63 per share, bringing total consideration to HKD 28.34 million. All repurchased shares have been retained as treasury stock; none have been cancelled.

Following the transaction: • Issued shares outstanding (excluding treasury shares) decreased to 8.06 billion. • Treasury shares rose to 337.19 million from 319.84 million. • Total issued shares, including treasury stock, remained unchanged at 8.40 billion.

The buyback was conducted under the repurchase mandate approved on 20 April 2026, which authorises Shoucheng to repurchase up to 819.36 million shares. Cumulative repurchases under this mandate now stand at 130.87 million shares, equivalent to 1.60 % of the issued share capital on the mandate date. Pursuant to Hong Kong listing rules, Shoucheng is subject to a moratorium on issuing, selling, or transferring treasury shares until 23 July 2026.

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