EXTRAWELL PHAR (00858) intends to repurchase approximately 10.06% equity of Changchun Jingyou from Changchun Hando Dingye Real Estate Planning and Sales Co., Ltd. in Changchun City.

EXTRAWELL PHAR (00858) announces that on December 30, 2025, Changchun Jingyou (an indirect non-wholly owned subsidiary in which the company holds an 80.46% equity interest) plans to repurchase approximately 10.06% of the equity interest in Changchun Jingyou from Changchun Hando Tiange Real Estate Planning and Sales Co., Ltd. for a price of 4.4 million RMB. After the share repurchase is completed, the repurchased shares will be cancelled, and the shareholders' shareholding in Changchun Jingyou will increase proportionally after the share cancellation, thereby increasing the group's equity in Changchun Jingyou to 89.46%. After the share repurchase and share cancellation, Changchun Jingyou will continue to be an indirect non-wholly owned subsidiary of the group. The board of directors believes that the share repurchase provides the group with an appropriate opportunity to further consolidate its control and ownership of Changchun Jingyou using the company's own cash resources, without affecting the normal business operations of Changchun Jingyou and the group. They anticipate that the share repurchase will enhance Changchun Jingyou's earnings per share.