GUSHENGTANG (02273) intends to further exercise the share repurchase authorization.

GUSHENGTANG (02273) announces that according to the shareholder resolution passed at the annual general meeting of shareholders held on June 20, 2025, the directors of the company have been granted a general authorization to repurchase up to 23.695 million shares of the company, representing 10% of the total number of issued shares as of June 20, 2025 (repurchase authorization). On August 29, 2025, the board of directors decided to exercise the repurchase authorization and repurchase shares on the open market for a total price of up to HK$300 million (previously proposed share buyback). In addition to the previously proposed total price for share buyback, on November 6, 2025, the board of directors further decided to exercise the repurchase authorization and repurchase shares on the open market for an additional total of up to HK$300 million (proposed share buyback).