On 25 November 2025, China Feihe Limited repurchased 2,200,000 ordinary shares on the Hong Kong Stock Exchange at a volume-weighted average price of HKD 4.1264 per share. The repurchased shares accounted for approximately 0.02475% of the previously outstanding shares.

After the transaction, the total number of treasury shares reached 180,748,000, while the number of issued shares excluding treasury shares fell to 8,886,503,704. The overall total of issued shares (9,067,251,704) remains unchanged. The mandate authorizing repurchases was passed on 29 May 2025, permitting the company to repurchase up to 906,725,170 shares, of which 180,748,000 have been repurchased under that mandate.