On 31 October 2025, Xiamen Yan Palace Bird’s Nest Industry Co., Ltd. (01497) disclosed a repurchase of 220,000 H shares on the Hong Kong Stock Exchange at prices between HKD 7.95 and HKD 8, with an aggregate payment of HKD 1,755,916. According to the filing, the repurchased shares will be held as treasury shares, increasing the total treasury share balance from 2,236,800 to 2,456,800, while overall issued shares remain at 465,500,000.
The repurchase was carried out under a mandate approved on 09 May 2025, which authorizes up to 46,550,000 shares for repurchase. As of the announcement date, approximately 2,456,800 shares have been repurchased under this mandate, representing about 0.5278% of the number of issued shares (excluding treasury shares) as of the date of the resolution. The company confirms that relevant regulatory requirements have been met throughout the process.