Yankuang Energy yet to begin A-share and H-share repurchases

Yankuang Energy Group Co., Ltd. announced on October 9, 2025, that as of September 30, 2025, it had not repurchased any A-shares or H-shares under its approved repurchase plans.

The A-share repurchase, approved on August 29, 2025, allows for the repurchase of A-shares worth RMB 0.5-1 bn at a price not exceeding RMB 16.90 per share. This repurchase, intended for employee stock ownership plans or equity incentives, is scheduled to run from August 29, 2025, to August 28, 2026.

Similarly, the company has not initiated its H-share repurchase program. An general mandate for H-share repurchases was approved on May 30, 2025, with specific terms approved on August 29, 2025. The H-share repurchase aims to buy back H-shares worth RMB 1.5-4 bn, with prices not exceeding 105% of the average closing price of the five preceding trading days. The purpose of the H-share repurchase is to reduce the company's registered capital.