Bairong AI-W (06608.HK) repurchased 69,500 Class B ordinary shares on the Hong Kong Stock Exchange on September 30, 2026, at a maximum repurchase price of HKD4.92 per share and a minimum repurchase price of HKD4.91 per share, with a total consideration paid of HKD341,814.9.
The repurchased shares are held as treasury shares, with the number intended for cancellation standing at zero. Following the repurchase, the number of issued shares (excluding treasury shares) decreased from 370,881,140 shares to 370,811,640 shares, while the number of treasury shares increased from 24,531,500 shares to 24,601,000 shares, with the total number of issued shares remaining at 395,412,640 shares.
The resolution granting the repurchase mandate was approved on June 30, 2026, under which the issuer is authorized to repurchase a total of 44,987,317 shares. A total of 6,455,500 shares have been repurchased under this mandate, representing 1.435% of the number of issued shares (excluding treasury shares) as at the date the resolution was passed. The moratorium period following this repurchase extends until October 30, 2026.