On 19 May 2026, Zhou Liu Fu Jewellery Co., Ltd. executed an on-exchange share repurchase involving 271,600 H-shares. The transaction was completed within a price range of HKD 17.70–19.16 per share, with a volume-weighted average price of HKD 18.40. Total consideration amounted to HKD 5.00 million.

Following the buyback, the company’s issued share capital (excluding treasury shares) decreased from 273.03 million to 272.76 million shares, reflecting a 0.10% reduction. Treasury shares increased from 661,400 to 933,000, while the total issued share count remained unchanged at 273.69 million shares.

The repurchase was conducted under the mandate approved on 16 January 2026, which authorises the company to buy back up to 27.37 million shares. Cumulative repurchases under this mandate now stand at 933,000 shares, equivalent to 0.34% of the issued share base on the mandate date. A 30-day moratorium on new share issues or disposal of treasury shares is in force until 18 June 2026, in accordance with Hong Kong Stock Exchange rules.