Hong Kong-listed AInnovation Technology Group Co., Ltd (AInnovation) has announced its intention to repurchase shares in the open market for a maximum aggregate consideration of up to HK$100.00 million.

At the Annual General Meeting held on 15 May 2026, shareholders approved a general mandate permitting the company to repurchase up to 10% of its issued share capital (excluding any treasury shares). The mandate remains effective until the conclusion of the 2026 annual general meeting or earlier if revoked or amended by shareholders.

Immediately after the AGM, the board resolved to exercise this authority and conduct market repurchases within the mandate period. The programme will be financed entirely from AInnovation’s internal resources, and any shares bought back will be either cancelled or held as treasury shares.

Management reiterated that all transactions will comply with the Hong Kong Listing Rules, the Codes on Takeovers and Mergers and Share Buy-backs, the PRC Company Law and other applicable regulations. In particular, purchases will not occur during blackout periods defined by Rule 10.06(2)(e) of the Listing Rules.

The board stated that the initiative reflects confidence in AInnovation’s business outlook and that current financial resources are sufficient to fund the buyback while maintaining a healthy balance sheet. Execution—including timing, volume and price—remains subject to prevailing market conditions and board discretion, and shareholders were urged to exercise caution when dealing in the company’s shares.