CIMC Enric plans HK$200m share repurchase, cites confidence in future

CIMC Enric Holdings Limited announced on November 17, 2025, a voluntary on-market share repurchase plan. The company intends to acquire up to 1.5% of its total issued shares, which translates to no more than 30,438,213 shares, with a maximum aggregate value of HK$200,000,000. This decision follows a general mandate approved by shareholders on May 20, 2025, which authorized the company to repurchase up to 10% of its issued shares.

CIMC Enric stated the repurchase is driven by its firm confidence in future development prospects and high recognition of its intrinsic value. It aims to safeguard shareholder rights, consolidate market confidence, and enhance investment value. The board decided to exercise the repurchase mandate on November 14, 2025.

The company assured that any share repurchases will comply with its articles of association, the listing rules, and other applicable laws and regulations. Shareholders and potential investors are advised that the implementation of the repurchase is subject to market conditions and the board's discretion, with no guarantee on timing, quantity, or price.