Yuyuan Tourist Mart announces A-share buyback program

Shanghai Yuyuan Tourist Mart Group Co., Ltd. (SSE:600655) announced an A-share buyback program, approved by its board on November 10, 2025. The company plans to repurchase shares using centralized competitive bidding, with a total value of no less than 200m yuan and no more than 300m yuan. The maximum repurchase price is set at 8.60 yuan per share, which is within 150% of the average trading price over the 30 trading days prior to the board resolution.

The repurchased shares will be utilized for employee stock ownership plans or equity incentives to align shareholder and employee interests, fostering stable and sustainable growth. The buyback period will last up to 12 months from the board approval date, with funding from the company's own capital and/or self-raised funds, including a 270m yuan loan commitment from China Construction Bank.

As of November 10, 2025, the company's top ten shareholders include Shanghai Fudi Investment Management Co., Ltd. (26.29%) and Zhejiang Fosun Business Development Co., Ltd. (9.38%). No directors, supervisors, senior management, controlling shareholders, or their concerted parties have plans to reduce their holdings during the buyback period or the subsequent six months.