Chanjet Information Technology Company Limited (HKEX: 01588) has disclosed the completion of a share repurchase and cancellation linked to its 2020 Employee Share Ownership Scheme (ESOS).

On 18 March 2026, the company repurchased a total of 3.54 million domestic shares through two private arrangements:

• 2.17 million unlocked incentive shares at RMB 7.30 per share, costing approximately RMB 15.84 million. • 1.37 million shares whose unlocking conditions were not met at RMB 6.05 per share, costing approximately RMB 8.30 million.

The aggregate cash outlay reached RMB 24.14 million.

Impact on share capital • Domestic shares in issue fell from 189.87 million to 186.33 million, a 1.86 % contraction. • Following the cancellation, Chanjet’s total issued share count decreased from 325.77 million to 322.23 million, with the registered capital reduced from RMB325.77 million to RMB322.23 million.

Background The repurchase was authorised by resolutions passed at the Board meeting held on 5 November 2025 and approved by shareholders at extraordinary and class meetings on 27 November 2025. The measures aim to provide an exit mechanism for ESOS participants, given that Chanjet’s domestic shares are not publicly traded.

No treasury shares were retained; all repurchased shares were cancelled immediately, and the company confirmed that the standard 30-day moratorium on new share issues under HKEX rules does not apply to this transaction.