TRANSTHERA-B (HKEX: 02617) has issued an announcement regarding its intention to repurchase shares on the open market.

In accordance with the general mandate for H-share repurchases approved by the company's shareholders at the annual general meeting held on June 18, 2026, the company intends to repurchase its H-shares from time to time on the open market, with a total maximum amount of RMB 100 million or its equivalent in Hong Kong dollars.

The share repurchase will be funded by resources permitted under applicable laws and regulations. The period for the share repurchase will commence from the date of approval at the aforementioned annual general meeting and will expire on the earliest of the following dates: (1) the conclusion of the company's next annual general meeting; (2) the expiry of the period by which the company's articles of association or any applicable law requires the company to hold its next annual general meeting; and (3) the date on which the authority granted in the resolution at the annual general meeting is revoked or varied by a special resolution of the shareholders in a general meeting.

The company will conduct the share repurchase in accordance with its articles of association, the Hong Kong Stock Exchange's Listing Rules, the Codes on Takeovers and Mergers and Share Buy-backs, the laws of the People's Republic of China, and all other applicable laws and regulations it must adhere to, and will proceed after obtaining any necessary approvals from relevant regulatory bodies.

The company will subsequently cancel the repurchased H-shares, hold them as treasury shares, sell, or transfer them as the board of directors deems appropriate.

The board of directors believes that proceeding with the share repurchase under the current circumstances demonstrates the company's confidence in its business outlook and prospects, and will ultimately benefit the company and its shareholders.

The board also believes that the company's current financial resources will enable it to implement the share repurchase while maintaining a sound financial position.