Stock price of YSB(09885) fluctuated, planning to buy back shares worth up to 1 billion Hong Kong dollars.

YSB (09885) announcement, the board has noted that the price and trading volume of the company's shares have recently experienced unusual fluctuations. After making all reasonable inquiries on the matter, the board confirms that it is not aware of (i) any reasons causing such abnormal price and trading volume changes in the shares; or (ii) any information that should be disclosed to prevent a false market in the shares; or (iii) any insider information that needs to be disclosed in accordance with Listing Rule 13.09(2) and Part XIVA of the Securities and Futures Ordinance (Hong Kong Cap. 571). The board also confirms that the company's business operations are normal, and there have been no significant changes in its operational and financial status as of the date of this announcement. Furthermore, the company will repurchase shares on the market, with a total amount of up to HK$100 million, based on market conditions and fund arrangements. As of November 6, 2025, the company has repurchased a total of 400,000 shares in the market under the 2025 share repurchase authorization, with a total repurchase amount of approximately HK$3,235,320 (excluding commissions and other expenses) at an average repurchase price of HK$8.0883 per share. The repurchased shares will be cancelled in due course. The board believes that the company's current share price is lower than its true value and does not fully reflect its business prospects. The board believes that the share repurchase plan demonstrates the confidence of the directors and senior management in the company's long-term growth and market performance. The board also believes that the share repurchase plan is in the overall best interests of the company and its shareholders.