Youngor Fashion's share repurchase exceeds 1% target, nearing completion

Youngor Fashion, a prominent player in the fashion industry, announced that its share repurchase program has reached 1.01% of its total share capital as of October 21, 2025. The company has repurchased a total of 46,479,100 shares through centralized bidding, with the highest price paid at RMB 7.67 per share and the lowest at RMB 7.28 per share. The total amount spent on these repurchases stands at RMB 345,679,456.07, excluding transaction fees.

The repurchase initiative, approved by the board on August 28, 2025, aims to utilize RMB 50,000 to 96,000 of its own funds to repurchase shares for employee stock ownership plans or equity incentives. The initial maximum repurchase price of RMB 8 per share was adjusted to RMB 7.92 per share following a first-quarter dividend distribution on September 12, 2025. The program is set to conclude by August 27, 2026.

Youngor Fashion emphasizes its commitment to adhering to all relevant regulations regarding share repurchases. The company will continue to make repurchase decisions based on market conditions and will ensure timely disclosure of progress, advising investors to be aware of potential investment risks.