Wens Foodstuff Group details share repurchase for employee incentives

Wens Foodstuff Group Co., Ltd. announced significant progress in its ongoing share repurchase program as of August 31, 2025. The company has cumulatively repurchased 51,386,900 shares of its common stock through centralized bidding, representing 0.7723% of its total share capital. The repurchased shares are intended for an employee stock ownership plan or equity incentives.

The total transaction value for these repurchases reached CNY 900,112,938.11, excluding transaction fees. The highest price paid per share was CNY 19.51, while the lowest was CNY 15.33. This repurchase is in line with the company's previously approved plan, which has a total funding range of not less than CNY 900,000,000 and not more than CNY 1,800,000,000.

The maximum repurchase price per share was adjusted following the company's 2024 first three quarters and full-year equity distribution. The repurchase program, approved on September 18, 2024, is scheduled to continue for 12 months from the approval date, with Wens Foodstuff Group committing to ongoing disclosures.