Guoquan Food (Shanghai) Co., Ltd. (GUOQUAN) disclosed a share buyback on 22 May 2026, acquiring 3.98 million H-shares on the Hong Kong Stock Exchange at prices ranging from HKD 2.48 to HKD 2.51 per share. The transaction involved a total consideration of HKD 9.94 million and represents 0.15% of the company’s issued share capital (excluding treasury shares) prior to the repurchase.

Following the transaction, issued shares outstanding (excluding treasury shares) declined to 2.60 billion, while treasury shares rose to 151.09 million. The total number of issued shares remained unchanged at 2.75 billion, as the repurchased shares are being held in treasury and have not been cancelled.

The buyback forms part of the repurchase mandate approved by shareholders on 29 April 2026, which authorises the company to repurchase up to 262.44 million shares. To date, 28.17 million shares have been repurchased under this mandate, equal to 1.07% of the issued shares as at the mandate approval date.

Under Main Board Rule 10.06(3)(a), GUOQUAN is subject to a moratorium on issuing new shares or disposing of treasury shares until 21 June 2026.