Guoquan Food (Shanghai) Co., Ltd. disclosed a share buy-back carried out on 23 April 2026 under its existing mandate approved on 27 June 2025.

Key transaction details • Volume and proportion: 1.57 million H-shares were repurchased on the Hong Kong Stock Exchange, representing 0.06% of the 2.63 billion issued shares (excluding treasury shares) outstanding before the transaction.

• Price: The shares were bought at prices ranging from HK$3.12 to HK$3.21, with a volume-weighted average cost of HK$3.1811 per share.

• Cash outlay: Total consideration amounted to HK$5.00 million.

Post-transaction share capital structure • Issued shares (excluding treasury shares) decreased to 2.63 billion. • Treasury share balance increased from 118.15 million to 119.72 million. • Total issued shares, including treasury stock, remained unchanged at 2.75 billion.

Repurchase mandate utilisation • The company is authorised to repurchase up to 266.76 million shares. • Cumulative buybacks under the mandate have reached 26.92 million shares, equivalent to 1.01% of the issuer’s share base on the mandate date. • A 30-day moratorium on new share issues or treasury share disposals applies until 23 May 2026, in accordance with Hong Kong listing rules.

Cancellation status • All shares bought on 23 April 2026 are being held as treasury shares; no cancellations have yet been effected.