Hong Kong, 28 May 2026—Zhongyu Energy Holdings Limited disclosed a repurchase of 1.00 million ordinary shares on 28 May 2026 via on-exchange transactions.

• Transaction details – Volume: 1.00 million shares, equal to 0.04 % of issued shares outstanding before the buy-back. – Price range: HKD 2.69 to HKD 2.73, bringing the volume-weighted average to HKD 2.72. – Aggregate consideration: HKD 2.72 million.

• Capital structure after the repurchase (28 May 2026) – Issued shares (excluding treasury): 2.72 billion. – Treasury shares: 32.50 million. – Total issued shares unchanged at 2.75 billion.

• Repurchase mandate utilisation – Mandate approval date: 2 June 2025. – Shares authorised for repurchase: 277.18 million. – Cumulative shares bought under the mandate: 32.50 million, representing 1.17 % of the company’s issued share base when the mandate was granted.

• Moratorium – In accordance with Hong Kong listing rules, Zhongyu Energy is restricted from issuing new shares or disposing of treasury shares until 27 June 2026.

The board confirmed that the repurchase complied with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements.