Guoquan Food (02517) Announces Share Repurchase and Updated Issued Share Figures

Bulletin Express
01/22

Guoquan Food (Shanghai) Co., Ltd. (02517) disclosed in its Next Day Disclosure Return dated 22 January 2026 that 1,198,000 ordinary H shares were repurchased on 22 January 2026, representing approximately 0.0455% of the previously issued shares (excluding treasury shares). The total amount paid was HKD 4,994,856, with the highest repurchase price at HKD 4.22 and the lowest at HKD 4.1. The repurchased shares were designated as treasury shares, and none were canceled.

According to the filing, the opening balance of issued shares (excluding treasury shares) on 31 December 2025 stood at 2,630,407,600. Following the transaction, the updated figure is 2,629,209,600, while treasury shares increased from 116,952,800 to 118,150,800. The total number of shares remains at 2,747,360,400, reflecting the inclusion of both issued shares and treasury shares.

The filing indicates that a repurchase mandate authorized on 27 June 2025 allowed for a total of 266,762,800 shares to be repurchased. Up to the announcement date, 25,350,400 shares have been repurchased under this mandate, representing about 0.9503% of the issued shares (excluding treasury shares) as of the resolution date. A moratorium on further share issuances or treasury share sales remains in effect until 21 February 2026, unless prior approval is obtained from the Hong Kong Stock Exchange.

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