YSB (09885) disclosed that its board has noted recent unusual fluctuations in the company's stock price and trading volume. After conducting reasonable inquiries, the board confirmed no awareness of (i) any reasons behind these abnormal movements, (ii) undisclosed information necessary to prevent a false market, or (iii) any insider information requiring disclosure under Listing Rule 13.09(2) or the Securities and Futures Ordinance (Chapter 571 of Hong Kong Law).

The board affirmed that business operations remain normal, with no material changes in financial or operational conditions as of the announcement date. Additionally, the company plans to repurchase shares worth up to HK$100 million in the open market, subject to market conditions and funding arrangements.

On November 6, 2025, YSB executed its 2025 share repurchase mandate, buying back 400,000 shares for approximately HK$3,235,320 (excluding commissions and expenses) at an average price of HK$8.0883 per share. The repurchased shares will be canceled in due course.

The board stated that the current stock price undervalues the company’s intrinsic worth and fails to reflect its business prospects adequately. The buyback initiative demonstrates management’s confidence in YSB’s long-term growth and market performance, aligning with the best interests of the company and shareholders.