Teway Food Group details progress in share repurchase program

Sichuan Teway Food Group Co., Ltd. announced significant progress in its share repurchase program, which began April 29, 2025, and is set to conclude by April 28, 2026. As of November 30, 2025, the company had repurchased 1,390,920 shares, representing about 0.1306% of its total share capital. The total spent was CNY 16,445,498.20, with prices ranging from CNY 11.47 to CNY 13.47 per share. These shares are intended for employee stock ownership plans or equity incentive schemes.

For November 2025, the company repurchased 71,500 shares through centralized bidding, accounting for roughly 0.0067% of its total share capital. The highest price paid in November was CNY 13.47 per share, and the lowest was CNY 12.55 per share, totaling CNY 930,871.00 (excluding transaction fees) for the month.

To facilitate the repurchase and control costs, Teway Food Group is working with securities firms, using over-the-counter derivative instruments such as income swaps and over-the-counter options. These tools aim to mitigate risks from stock price fluctuations, stabilizing the company's equity and supporting normal operations. The company emphasizes strict adherence to regulations and robust risk control, including aligning derivative transactions with the repurchase plan and managing capital deployment.