China Feihe Limited (Stock Code: 06186) disclosed a repurchase of 2,000,000 ordinary shares, representing approximately 0.02229% of its previously issued 8,971,897,704 shares (excluding treasury shares). The transaction took place on 12 November 2025, with a volume-weighted average price of HKD 4.4255 per share, resulting in an aggregate consideration of HKD 8,851,090. Following this repurchase, the company’s closing balance comprised 8,969,897,704 issued shares (excluding treasury shares) and 97,354,000 treasury shares, maintaining a total of 9,067,251,704 shares.

The repurchase was carried out under the mandate adopted on 29 May 2025, which authorized the repurchase of up to 906,725,170 shares. As of 12 November 2025, China Feihe had repurchased 97,354,000 shares, equating to approximately 1.0737% of the issued shares (excluding treasury shares) as of the mandate date. According to the disclosure, a moratorium period remains in effect until 12 December 2025 on any new issue of shares, or sale or transfer of treasury shares, without prior approval of the Exchange.