Youngor adjusts share buyback price after Q1 cash dividend

Youngor Fashion Co., Ltd. announced an adjustment to the upper limit of its share repurchase price, effective September 12, 2025. Following the implementation of the 2025 first-quarter equity distribution, which saw a cash dividend of 0.08 yuan per share (tax inclusive), the buyback price ceiling has been reduced from 8.00 yuan per share to 7.92 yuan per share. This adjustment adheres to regulatory guidelines for ex-dividend events.

The company's board initially approved a share repurchase program on August 28, 2025, committing between 500 million yuan and 960 million yuan of funds to buy back A-shares. These shares are intended for employee stock ownership plans or equity incentives, with the repurchase period not exceeding 12 months from the board's approval.

Based on the adjusted price limit and the stated financial commitment, the estimated number of shares to be repurchased ranges from approximately 63.1 million shares (1.37% of current total share capital) to 121.2 million shares (2.62% of total share capital). The company emphasizes that other aspects of the buyback plan remain unchanged.