CHYY Development (08128) Announces Share Repurchase and Updated Shareholding Status

Bulletin Express
2025/10/31

CHYY Development Group Limited (stock code: 08128) disclosed on 31 October 2025 that it repurchased 1,000,000 ordinary shares on the Hong Kong Stock Exchange at a highest repurchase price of HKD 0.04 per share and a lowest repurchase price of HKD 0.039 per share, for an aggregate consideration of HKD 39,992. Following this transaction, the number of treasury shares increased from 25,576,000 to 26,576,000, while the total number of issued shares remained at 4,526,925,163.

According to the disclosure, the number of outstanding shares excluding treasury shares decreased from 4,501,349,163 to 4,500,349,163. This repurchase was conducted under a mandate granted on 22 May 2025, which authorized a maximum of 452,692,516 shares for repurchase, and represents approximately 0.0222% of CHYY Development Group Limited’s previously issued shares (excluding treasury shares). As stipulated, any new share issuance or disposition of treasury shares will be subject to a moratorium period lasting until 30 November 2025.

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