CITIC Group: Plans to increase HK$300 million in quota to repurchase some H shares.

date
18/12/2025
Zhongji Group announced that the company plans to increase the amount of H shares repurchased within the authorized quota at the 2024 annual general meeting, adding HKD 300 million for the second batch of H share repurchase. The repurchased H shares will be held as treasury stock, and will be transferred or cancelled within three years after the completion of the repurchase and the announcement of the repurchase results. The source of the repurchase funds will be the company's own funds, self-raised funds, or funds that comply with legal requirements. The total number of H shares that can be repurchased under the second batch of H share repurchase plan shall not exceed 10% of the total H share capital issued by the company under the first batch of H share repurchase plan.