GUOFUHEE (02582) plans to repurchase H shares.

Guo Fu Hydrogen Energy (02582) announced that it intends to exercise the power granted by the shareholders at the 2024 Annual General Meeting to repurchase the company's shares based on the general authorization. The Board of Directors has decided that, from the date of this announcement until the expiration of the general authorization for repurchase, the company will, based on market conditions and the provisions of the general authorization for repurchase, occasionally repurchase the company's H shares on the Stock Exchange of Hong Kong, with a total repurchase limit of HK$50 million. The source of funds for repurchasing shares is from the company's own funds and does not involve the net proceeds from the company's global offering.