JD Industrials (JINGDONG Industrials, Inc.) disclosed simultaneous equity expansion and contraction activities surrounding 1 June–11 June 2026.

• New-share issuance On 1 June 2026 the company allotted a combined 1.50 million ordinary shares under two employee programmes:  1) 1.35 million shares via the Pre-IPO ESOP adopted on 30 December 2021.  2) 0.15 million shares via the Post-IPO First Share Scheme adopted on 27 November 2025. The allotment lifted outstanding shares by 0.06%, from 2,715.05 million to 2,716.55 million.

• Share repurchase On 11 June 2026 the company bought back 0.90 million shares on the Hong Kong Exchange at prices between HKD 12.61 and HKD 13.30, spending HKD 11.50 million in total—an average of HKD 12.81 per share. The repurchased stock is earmarked for cancellation, representing 0.03% of the 2,687.57 million shares authorised under the current buy-back mandate approved on 27 November 2025.

• Post-transaction capital position As at 11 June 2026 JD Industrials had 2,716.55 million issued shares. The 0.90 million repurchased shares remain outstanding until formal cancellation. In accordance with Hong Kong listing rules, the company is restricted from issuing additional shares before 11 July 2026 unless it obtains prior Exchange consent.

All actions were authorised by the board and executed in compliance with Main Board Rules 10.06 and 13.25A.