CaoCao Inc. Buys Back 2.18 Million Shares in September, Offsets with 0.32 Million New Shares from Option Exercise

Bulletin Express
10/06

CaoCao Inc. filed its monthly return for the period ended 30 September 2026, detailing continued balance-sheet management through targeted share repurchases and modest equity issuance under its Pre-IPO Share Incentive Plan. All figures refer to ordinary shares unless stated otherwise.

Key capital data • Authorised share capital remained unchanged at 5.00 billion shares with an aggregate par value of USD 50,000.

• Total issued shares (including treasury) stood at 586.43 million at month-end, up by 321,421 shares after option exercises.

• Issued shares excluding treasury declined by 1.86 million to 579.13 million, a 0.32% reduction versus the prior month.

Share repurchase activity CaoCao repurchased 2,178,800 shares during the month under the mandate granted on 8 June 2026. Purchases were executed between HKD 11.30 and HKD 14.12 per share, equating to an estimated HKD 26.92 million in consideration at a volume-weighted average price of approximately HKD 12.36. All repurchased shares were transferred to treasury, lifting the treasury balance to 7.30 million shares, or roughly 1.25% of total issued shares.

Share option movements Under the November 2022 Pre-IPO Share Incentive Plan, 321,421 options were exercised, generating HKD 0.60 million in proceeds and prompting the corresponding issue of new shares. Outstanding options stood at 20.93 million at 30 September 2026 after 103,748 options lapsed during the month.

Public float The company confirmed compliance with the applicable public-float requirement of 19.01% of issued shares (excluding treasury) and noted the existing waiver that permits float to fall below 25% under defined circumstances.

Capital overview As at 30 September 2026, CaoCao’s authorised capital structure is intact while active buybacks slightly compressed the free-float share base. Concurrent option exercises partially offset the contraction, leaving total issued shares marginally higher month-over-month but with a greater proportion held in treasury.

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