Shenzhen Zhaowei Machinery & Electronics Co., Ltd. reported two capital-market actions dated 10 September 2026: an on-market repurchase of Hong Kong-listed H-shares and a minor new-share allotment in its Shenzhen-listed A-shares.

H-Share Buyback • Volume and scale: The company repurchased 81,500 H-shares on the Hong Kong Stock Exchange, equal to 0.31 % of the 26.66 million H-shares outstanding before the transaction. • Pricing: Shares were bought at between HKD 37.70 and HKD 38.56, with a volume-weighted average cost of HKD 38.10. Total consideration amounted to approximately HKD 3.11 million. • Post-deal structure: Issued H-shares outstanding fell to 26.58 million, while treasury shares rose to 165,300. The total H-share count, including treasury stock, remains unchanged at 26.75 million. • Mandate utilisation: Since shareholders approved a 2.67 million-share buyback mandate on 22 May 2026, Zhaowei has repurchased 165,300 H-shares, representing 0.62 % of the shares outstanding on the mandate date. No repurchased shares have yet been cancelled. A 30-day moratorium on new share issues or treasury share sales runs until 10 October 2026.

A-Share Option Exercise • New issuance: Zhaowei issued 23,700 A-shares on 10 September 2026 upon exercise of options granted under the 2024 Share Option Scheme. • Dilution impact: The allotment expanded the Shenzhen-listed A-share base by 0.01 % to 241.12 million shares.

These transactions adjust Zhaowei’s capital structure by modestly reducing free-float H-shares while marginally increasing A-share issuance through employee incentives, with all actions executed under existing board mandates and in compliance with Hong Kong and mainland regulatory requirements.