An announcement from CHERY AUTO (09973) reveals that several board members and senior executives have purchased additional shares of the company.

The company's board was informed by Mr. Yin Tongyue (Chairman), Mr. Zhang Guozhong (Executive Director), and senior management members Mr. Gao Xinhua, Mr. Zhang Guibing, Mr. Qi Shilong, and Mr. Li Xueyong that they each acquired the company's H-shares through on-market transactions on July 9, 2026.

Based on the information they provided, the details of the purchases are as follows: Mr. Yin Tongyue bought 395,000 H-shares at an average price of HK$25.958 per share; Mr. Zhang Guozhong acquired 46,000 H-shares at an average of HK$25.862 per share; Mr. Gao Xinhua purchased 45,200 H-shares at an average of HK$26.106 per share; Mr. Zhang Guibing bought 49,200 H-shares at an average of HK$25.876 per share; Mr. Qi Shilong acquired 50,000 H-shares at HK$25.834 per share on average; and Mr. Li Xueyong purchased 70,000 H-shares at an average price of HK$25.978 per share.

According to the company's current information and to the best of the board's knowledge, the public float of the company's issued shares remained sufficient following these purchases and as of the date of this announcement.

The board of directors views these share acquisitions as a demonstration of the strong and continued confidence the involved individuals have in the group's future prospects and growth potential.