China Sanjiang Fine Chemicals repurchases 1m shares, total repurchases reach 3m

China Sanjiang Fine Chemicals Company Limited, listed under stock code 02198, filed a Next Day Disclosure Return on October 21, 2025, detailing recent share repurchases. On October 21, 2025, the company repurchased 1,000,000 ordinary shares on the Exchange at prices ranging from HK$2.46 to HK$2.55, with an aggregate price paid of HK$2,515,680. These repurchases account for 0.08% of the existing number of issued shares before the event. As of the closing balance date, the total number of issued shares remained at 1,190,000,000.

The company also reported earlier repurchases, including 1,000,000 shares on September 11, 2025, at HK$1.7455, and another 1,000,000 shares on September 26, 2025, at HK$2.5463. The resolution granting the repurchase mandate was approved on May 30, 2025, authorizing the repurchase of up to 119,000,000 shares. To date, 3,000,000 shares have been repurchased on the Exchange, representing 0.24% of the issued shares as of the mandate date.

The moratorium period for any new share issues or treasury share transfers following these repurchases extends up to January 20, 2026. The company confirmed that all repurchases comply with Main Board Rules and that no material changes have occurred since the Explanatory Statement filed on April 29, 2025.