China Feihe repurchases shares, boosts treasury holdings

China Feihe Limited disclosed a share repurchase on December 1, 2025, as part of its Next Day Disclosure Return. The company repurchased 1,500,000 ordinary shares on the Exchange. The shares were bought at prices ranging from HK$4.19 to HK$4.23 per share, with an aggregate price paid of HK$6,316,470. These repurchased shares will be held as treasury shares, rather than being cancelled.

The repurchase resulted in a decrease in issued shares (excluding treasury shares) by 1,500,000, bringing the new balance to 8,876,403,704. Concurrently, the number of treasury shares increased by 1,500,000 to 190,848,000. This transaction represents a 0.0169% change in the number of issued shares (excluding treasury shares) relative to the opening balance. The total number of issued shares remains unchanged at 9,067,251,704.

The repurchase was made under a mandate granted on May 29, 2025, which authorized the company to repurchase up to 906,725,170 shares. Following this transaction, China Feihe has repurchased 190,848,000 shares under this mandate, representing 2.1048% of the issued shares (excluding treasury shares) at the mandate date. A moratorium period for new share issues or sales of treasury shares applies until December 31, 2025.