J&T Express-W(01519) plans to repurchase up to 10% of the company's class B shares.

J&T EXPRESS-W (01519) announced that the board of directors has approved a plan to repurchase the company's Class B shares, which was granted by the shareholders at the annual general meeting held on June 18, 2025. Shareholders have approved the repurchase authorization, and the board of directors is authorized to repurchase up to 10% of the total number of Class B shares issued by the company on the day of the shareholders' annual meeting (excluding treasury shares). The trading price of Class B shares undervalues the group's performance and intrinsic value. The company is committed to becoming a global logistics service provider. In the future, the company will focus on the Southeast Asia and China markets to consolidate its market position and steadily increase its presence in new markets. Externally, the company will seize the significant development opportunities of global expansion of e-commerce platforms. Internally, the company will optimize management, continuously reduce costs, leverage Chinese experience to empower overseas operations, enhance brand building, expand non-platform clients, and improve profitability. The board of directors believes that the company's financial condition will enable it to proceed with the proposed repurchase plan in the market and maintain sufficient financial resources to support the company's continued growth. The board of directors are committed to actively managing the company's capital, and they believe that the proposed repurchase plan in the market will create capital management benefits for shareholders and align with the overall interests of the company and shareholders.