Haier Smart Home reduces H-share count through buyback

Haier Smart Home Co., Ltd. announced that as of October 9, 2025, it has repurchased and cancelled 2,450,000 H-shares, representing 0.026% of the company's total share capital. The shares were acquired at prices ranging from HK$24.76 to HK$27.00 per share, with the total expenditure, including handling fees, amounting to HK$63,083,481.52.

The buyback program was approved during the company's 2024 annual general meeting and other class shareholder meetings held on May 28, 2025, authorizing the board to repurchase up to 10% of the company's issued H-shares. The implementation period for this specific buyback began and concluded on October 9, 2025.

Following the cancellation of the repurchased H-shares, Haier Smart Home's total outstanding shares now stand at 9,380,463,334. The number of outstanding H-shares has decreased to 2,854,948,266, representing 30.44% of the total share capital, down from 30.45%. The proportion of domestically listed A-shares and overseas listed D-shares remains largely unchanged at 66.68% and 2.89% respectively.