BAIWANG CO (06657) plans to repurchase company shares for a total amount not exceeding 1.05 billion Hong Kong dollars.

Baiwang Group (06657) announced that on June 26, 2026, the board of directors approved the company to repurchase H shares in the public market of Hong Kong Stock Exchange within the authorized repurchase range, depending on market conditions and the actual situation of the company, with a total repurchase amount not exceeding HK$105 million (or equivalent foreign currency). The actual number of H shares repurchased shall not exceed the number of H shares that can be repurchased under the repurchase authorization. The implementation period of the H share repurchase shall be from June 26, 2026 to June 25, 2027 (inclusive), but shall not exceed the expiration date of the repurchase authorization. The repurchased H shares will be cancelled or held as treasury shares.