TUHU-W (TUHU Car Inc.) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 16 July 2026, detailing recent movements in its share capital and the progress of its on-market share repurchase programme.

Key points

1. Share capital status • Issued Class A WVR ordinary shares stood unchanged at 760.62 million as of both 15 July and 16 July 2026. • Together with 67.92 million Class B shares, the company’s total issued share count remained 828.54 million.

2. Ongoing share repurchase activity • Between 25 June and 16 July 2026, the company bought back 4.25 million Class A shares for cancellation, equal to 0.51% of the 828.54 million shares in issue before the first repurchase. • The cumulative consideration for these repurchases, based on the disclosed volume-weighted prices, is calculated at approximately HK$53.20 million, implying an average cost of about HK$12.53 per share. • The latest transaction on 16 July 2026 involved 38,800 shares repurchased on the Exchange at HK$13.28–13.30 apiece, costing HK$0.52 million. • To date, 4.25 million shares (5.13% of the 82.77 million-share mandate approved on 5 June 2026) have been bought back under the current authorisation, leaving roughly 78.52 million shares of headroom.

3. Post-repurchase impact • All 4.25 million repurchased shares are pending cancellation. Upon cancellation, the outstanding share capital would fall to about 756.38 million Class A shares and 824.29 million total shares, modestly enhancing earnings per share by reducing the share base. • In line with HKEX rules, TUHU-W is subject to a 30-day moratorium on new share issues or treasury share sales until 15 August 2026.

Governance confirmation The board affirms that every repurchase was authorised, complied with HKEX Main Board requirements and relevant laws, and that settlement funds have been duly paid.

Market takeaway The continued execution of the buyback—at prices averaging around HK$12.53—demonstrates TUHU-W’s utilisation of its mandate while maintaining flexibility with more than 94% of the approved capacity still available. The company’s issued share count remains unchanged for now, with anticipated cancellation of the repurchased shares to follow.