Ming Yuan Cloud Group Holdings Limited (the 「Company」) has completed a repurchase of 31,253,000 shares in open market transactions, representing approximately 1.63% of its total issued shares (excluding treasury shares) as of the date of the announcement. The total consideration paid amounted to around HK$69,071,800.

The board of directors announced a new share repurchase program under an existing share repurchase mandate, with approval to repurchase up to 193,156,902 shares. According to the announcement, at least HK$200,000,000 will be set aside for share repurchases within the next six months from 28 October 2025.

The new program will be conducted in accordance with the Company’s constitutional documents and the applicable rules and regulations in Hong Kong and the Cayman Islands. The board believes the current trading price does not reflect the intrinsic value of the shares, while the Company’s internal financial resources remain sufficient to support the program without compromising financial stability.