JD Logistics, Inc. disclosed that it bought back 9.27 million ordinary shares between 15 and 26 May 2026 under its existing share-repurchase mandate, representing 0.14% of the company’s 6.67 billion outstanding shares prior to cancellation. All repurchased shares are scheduled for cancellation.

Key details of the May transactions • Volume and timing: Seven on-market trades totalling 9,269,300 shares. • Price levels: Volume-weighted prices for individual trading days ranged from HKD 13.56 to HKD 14.27, with the 26 May batch (2.35 million shares) executed between HKD 13.15 and HKD 13.85. • Cash outlay: Based on disclosed per-share prices, the aggregate consideration for the seven trades amounts to approximately HKD 127.59 million, implying a weighted-average repurchase price of about HKD 13.77.

Capital structure impact • Issued shares before cancellation: 6,672,481,772. • Shares scheduled for cancellation: 9,269,300. • Issued shares will be reduced once cancellation is completed; as of 26 May 2026, the official share count remains unchanged.

Mandate utilisation and headroom • The current mandate, approved on 20 June 2025, authorises buybacks of up to 664.81 million shares. • Cumulative purchases under this mandate have reached 9.27 million shares, using roughly 1.39% of the authorised limit. • In accordance with Hong Kong Listing Rules, JD Logistics is subject to a moratorium on new share issues or treasury-share disposals until 25 June 2026 (30 days after the latest repurchase).

The company confirmed that all transactions complied with Hong Kong Stock Exchange regulations and that no material changes have been made to the previously filed explanatory statement concerning the repurchase mandate.