Midea Group Executes RMB31.27 Million Share Buyback; Marginal Net Reduction in Outstanding A-Shares

Bulletin Express
09/14

Midea Group Co., Ltd. reported two capital-market transactions on 14 September 2026 that slightly altered its share structure.

On the Shenzhen Stock Exchange the company repurchased 360,000 A-shares at prices ranging between RMB 86.50 and RMB 87.00 per share, spending a total of RMB 31.27 million. The repurchased shares have been classified as treasury stock for potential future cancellation, lifting the treasury-share balance to 167.80 million.

Concurrently, 11,110 new A-shares were issued following the exercise of employee stock options granted under Midea’s Ninth Stock Option Incentive Plan at an exercise price of RMB 41.44 per share.

Net impact on share capital: • Issued shares outstanding (excluding treasury stock) fell by 348,890 shares, a 0.0051 % decrease to 6.81 billion shares. • Total issued share count, including treasury shares, edged up by 11,110 shares to 6.98 billion, reflecting the option exercise.

The board of directors confirmed that both the repurchase and the option-related issuance were duly authorized and executed in full compliance with relevant regulations of the Shenzhen Stock Exchange and the Hong Kong Stock Exchange’s listing rules.

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