Binhai investment repurchases shares, increasing treasury holdings

Binhai Investment Company Limited, listed with stock code 02886, announced a share repurchase on December 18, 2025. The company repurchased 80,000 ordinary shares on the Exchange at an aggregate price of HK$88,320. The repurchase price per share ranged from HK$1.1 to HK$1.12. Following this event, the number of shares held as treasury shares increased by 80,000 to a total of 10,154,000.

This repurchase resulted in a 0.0058% change in the number of issued shares (excluding treasury shares) relative to the opening balance of 1,373,181,112 shares on December 11, 2025. The total number of issued shares remains 1,383,255,112.

The company's board had granted a repurchase mandate on May 9, 2025, authorizing the repurchase of up to 137,405,111 shares. To date, Binhai Investment has repurchased 950,000 shares, representing 0.069% of the issued shares (excluding treasury shares) as of the resolution date. A moratorium period for issuing new shares or transferring treasury shares is in effect until January 17, 2026.