Yankuang Energy adjusts A-share buyback price after profit distribution

Yankuang Energy Group Co., Ltd. has revised its A-share repurchase price ceiling from not exceeding RMB17.08 per share to not exceeding RMB16.90 per share, effective September 16, 2025. This adjustment is a direct result of the company's 2025 semi-annual profit distribution, which involves a cash dividend of RMB0.18 per share (tax inclusive), with the ex-dividend date set for September 16, 2025. The company's board approved the adjustment on August 29, 2025.

The repurchase program, initially approved on August 29, 2025, involves using proprietary funds ranging from RMB0.5bn to RMB1bn to repurchase a portion of its A-shares. The shares are intended for equity incentives, with any unused shares to be canceled within three years.

Based on the adjusted price ceiling of RMB16.90 per share, the company estimates that the repurchase amount of RMB0.5bn to RMB1bn will result in approximately 2,958,580 to 5,917,160 shares being repurchased, representing about 0.03% to 0.06% of the company's total share capital. All other terms of the repurchase plan remain unchanged.