Chacha Food continues share repurchase program

Chacha Food (SZSE:002557) announced the ongoing progress of its share repurchase program initially approved on November 14, 2024. As of May 31, 2025, the company repurchased 944,592 shares, representing 0.187% of the total share capital, through a dedicated securities account via centralized bidding. The highest transaction price was CNY 29.53 per share, and the lowest was CNY 23.70 per share. The total transaction amount reached CNY 25,281,402.00 (excluding transaction costs). The company confirmed that the repurchase activities align with relevant laws and regulations and the established repurchase plan. The funds for the repurchase consist of the company's own funds and a dedicated loan. Chacha Food stated that it would continue to implement the repurchase plan based on market conditions, adhering to disclosure obligations.