Youngor plans up to 960m yuan share repurchase for employee incentives

Youngor Fashion Company Limited announced its intent to repurchase shares totaling between RMB 500 million and RMB 960 million, as approved by its board on August 28, 2025. This repurchase program, spanning from August 28, 2025, to August 27, 2026, aims to allocate repurchased shares exclusively for employee stock ownership plans or equity incentives, with a maximum price of RMB 8 per share. As of August 31, 2025, no shares have yet been repurchased.

The company's top shareholders as of August 29, 2025, include Ningbo Youngor Holdings Co., Ltd., holding 38.90% with 1,798,681,413 shares, and Kunlun Trust Co., Ltd. – Kunlun Trust Tianying Investment No. 1 Collective Fund Trust Plan, with 9.40% or 434,409,601 shares. China Securities Finance Corporation Limited holds 5.43%, and Li Rucheng holds 2.82%.

Youngor Group confirmed it will strictly adhere to regulatory guidelines throughout the repurchase period, making decisions based on market conditions and providing timely updates. Investors are advised to monitor the progress and associated risks.