Ming Yuan Cloud repurchases shares, signalling confidence in outlook

Ming Yuan Cloud Group Holdings Limited repurchased 45,669,000 shares on the open market as of December 19, 2025, under its Share Repurchase Mandate. The total consideration for these repurchases amounted to HK$144,721,250.00. This action follows an October 28, 2025, announcement outlining a plan to repurchase shares with funds of no less than HK$200,000,000.

The company's board believes this share repurchase demonstrates its confidence in its business outlook and prospects, ultimately benefiting the company and creating value for shareholders. The board also affirmed that the company’s current financial resources are sufficient to implement the repurchase while maintaining a solid financial position.

The share repurchase is being conducted in compliance with relevant regulations, including its Articles of Association, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and the Company Law of the People's Republic of China. The board of directors includes Mr. GAO Yu (chairman), Mr. JIANG Haiyang, Mr. CHEN Xiaohui, Mr. LIANG Guozhi, Mr. LI Hanhui, Mr. ZHAO Liang, and Ms. WEN Hongmei.