Guangzhou Xiao Noodles (02408) Reports Next Day Disclosure Return and Continues Share Buybacks

Bulletin Express02-24

Guangzhou Xiao Noodles Catering Management Co., Ltd. (02408) released a Next Day Disclosure Return dated 24 February 2026. The total number of issued H shares remained at 710.69 million, having shown no net change from 23 February 2026 to 24 February 2026.

According to the announcement, the company repurchased shares on multiple occasions from 3 February 2026 to 24 February 2026, with a total of approximately 3.09 million shares repurchased for cancellation but not yet canceled by 24 February 2026. Of these, 362,500 shares were acquired on 24 February 2026 at prices between HKD 5.70 and HKD 5.94, for an aggregate consideration of HKD 2.11 million.

The repurchase mandate, granted on 26 January 2026, authorized up to 71.07 million shares (representing about 10.00% of total issued shares at the time of the mandate). The repurchases to date represent around 0.44% of the issued shares as of that resolution date, with a moratorium on new share issuances or transfers of treasury shares in effect until 26 March 2026.

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