China Feihe repurchases shares, boosts treasury holdings

China Feihe Limited has disclosed the repurchase of 10,811,000 ordinary shares on the Exchange on November 17, 2025. This transaction led to a 0.1209% decrease in issued shares (excluding treasury shares) from the opening balance. The repurchased shares were acquired at prices ranging from HK$4.26 to HK$4.41 per share, resulting in an aggregate price paid of HK$47,185,860. Following this repurchase, the number of treasury shares held by China Feihe increased by 10,811,000, bringing the total to 138,865,000 as of the closing balance date.

The company's total issued shares remain at 9,067,251,704, with the number of issued shares (excluding treasury shares) now standing at 8,928,386,704. The repurchase was executed under a mandate granted on May 29, 2025, which authorized the company to repurchase a total of 906,725,170 shares. As of November 17, 2025, China Feihe has repurchased 138,865,000 shares on the Exchange, representing 1.5315% of the issued shares (excluding treasury shares) as at the mandate date.

A moratorium period is in effect until December 17, 2025, for any new share issues or the sale/transfer of treasury shares after this repurchase. The company confirmed that the repurchases were made in accordance with Main Board Rules and that no material changes have occurred since the explanatory statement dated April 28, 2025.