Lingbao Gold Group Company Ltd. (Lingbao Gold) announced that its board may utilise the existing shareholder-granted mandate to repurchase on-market up to 6.91 million H Shares—representing approximately 0.50% of the company’s total issued share capital and 0.58% of its H Share float—as part of a new Repurchase Scheme.

The buy-back window opens immediately and will run until the conclusion of the 2027 annual shareholders’ meeting, contingent on renewal of the mandate at the 19 May 2026 AGM. Under Hong Kong Listing Rules, the purchase price per H Share cannot exceed 5% above the average closing price over the five trading days preceding each transaction.

Funding will come entirely from Lingbao Gold’s self-owned resources. Repurchased shares are expected to be deployed for uses that include employee incentives, subject to applicable regulations.

Management states that the programme reflects confidence in the group’s long-term prospects and aims to refine its incentive mechanism. The company confirms that the intended repurchases are not expected to trigger any mandatory offer obligation under the Hong Kong Takeovers Code.

Implementation remains subject to market conditions and board discretion; therefore, the exact timing, volume and pricing of individual buy-backs are not guaranteed. Shareholders and potential investors are advised to exercise caution when dealing in Lingbao Gold shares.