Youngor Fashion updates share repurchase progress, nearing program completion

Youngor Fashion Co., Ltd. announced its latest progress on the share repurchase program, with a total of 54,252,800 shares repurchased as of October 31, 2025. This represents 1.17% of the company's total share capital. The aggregate amount paid for these repurchases stands at yuan 404,702,109.07, excluding transaction fees.

During October 2025, the company repurchased 30,422,768 shares through concentrated bidding, accounting for 0.66% of its total share capital. These shares were acquired at prices ranging from yuan 7.34 per share to yuan 7.70 per share, with the total expenditure for the month being yuan 228,772,571.84. The overall repurchase price range to date is yuan 7.28 to yuan 7.70 per share.

The share repurchase program, which commenced on August 28, 2025, aims to utilize between yuan 500m and yuan 960m of self-owned and other self-raised funds. The repurchased shares are intended for employee stock ownership plans or equity incentives, with an adjusted price cap of yuan 7.92 per share following a rights distribution on September 12, 2025.