Zhou Hei Ya Announces Plan to Buy Back Up to 10% of Shares After Declaring Dividend Exceeding FY2025 Net Profit

Bulletin Express03-26

Zhou Hei Ya International Holdings Company Limited disclosed an on-market share repurchase plan and confirmed a final dividend proposal in a voluntary announcement dated 26 March 2026.

The board has authorised the repurchase of up to 211.29 million shares—equivalent to about 10.0% of the company’s 2.11 billion issued shares—as permitted under existing and forthcoming general mandates. Repurchases may take place in the open market at the board’s discretion from 27 March 2026 until the conclusion of the 2027 annual general meeting, subject to prevailing market conditions and compliance with Hong Kong Listing Rules, the Takeovers Code, Cayman Islands Companies Law and the company’s constitutional documents.

In parallel, the board recommended a final dividend of HK$0.09 per share (RMB0.08 at an exchange rate of HK$1 = RMB0.88357), translating to a cash outlay of approximately RMB168.02 million. The proposed distribution represents about 107.2% of the group’s net profit for the financial year ended 31 December 2025.

Management stated that the combined dividend and prospective buy-back are intended to underscore confidence in the business outlook and enhance shareholder value, adding that current financial resources are sufficient to execute the programme while maintaining a solid balance sheet.

Implementation details—including timing, volume and price—remain subject to market conditions and board discretion; there is no assurance that any repurchases will ultimately occur. Investors are advised to exercise caution when trading the company’s shares.

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