ZG Group-W (06676) plans to conduct a share buyback.

ZG GROUP-W (06676) announced on June 27, 2025 that shareholders have reviewed and approved a general and unconditional authorization to repurchase up to 10% of the total number of Class A shares (1.07 billion shares) issued and outstanding on the day of the resolution passing (excluding treasury shares). With firm confidence in the company's future prospects and a high recognition of its intrinsic value, in order to safeguard the interests of all shareholders, enhance market confidence in the company, and increase its investment value, the board of directors decided to exercise the repurchase authorization on September 29, 2025. The board intends to repurchase up to 1.07 billion Class A shares at a maximum price of HK$10 per share using existing internal financial resources in the open market (subject to trading restrictions under listing rules). If the company carries out the repurchase of Class A shares as planned, it will comply with the articles of association, listing rules, and other applicable laws and regulations. The board has no intention to exercise the repurchase authorization if it is deemed by the board to have a significant adverse impact on the company's operating cash needs or capital structure at any time.