Hygeia Healthcare plans share buyback of at least 300 million yuan

Hygeia Healthcare Holdings Co., Limited announced a proposed on-market share repurchase, intending to buy back shares worth at least 300 million yuan. This decision follows the company's belief that the current trading price does not reflect its intrinsic value or business prospects. The repurchase will be executed under the Repurchase Mandate approved at the Annual General Meeting on June 27, 2025, which allows the company to repurchase up to 61,849,900 shares, representing 10% of total issued shares.

The company's board of directors resolved to utilize the Repurchase Mandate to conduct the buyback from time to time on the open market. This move is intended to demonstrate the company's confidence in its business outlook and prospects, while maintaining a solid financial position.

Hygeia Healthcare Holdings stated its commitment to enhancing shareholder returns through share repurchases, dividend distributions, and M&A activities, subject to market conditions. The repurchase will adhere to all relevant regulations and corporate governance documents.