Huaqin Co., Ltd. (HUAQIN) disclosed that it repurchased 1,095,398 A shares on 9 October 2026 via centralized bidding on the Shanghai Stock Exchange. The transaction forms part of the company’s “2026 Second Tranche” A-share buy-back program approved by the board on 28 September 2026.

The shares were bought at prices ranging from RMB 71.30 to RMB 74.60, with a volume-weighted average cost of RMB 73.03 per share. Aggregate consideration amounted to RMB 79.99 million.

Following the repurchase: • Issued shares outstanding (excluding treasury shares) declined to 1,414.39 million. • Treasury stock increased to 7.15 million shares from 6.06 million, now representing approximately 0.50% of the company’s total issued share capital of 1,421.54 million shares. • The repurchased shares, equal to about 0.07% of HUAQIN’s pre-buyback issued share base, will be held as treasury shares; no cancellation has been effected to date.

Management confirmed that the transaction complied with all relevant regulations, including Hong Kong Stock Exchange Main Board Rule 13.25A and Shanghai Stock Exchange repurchase requirements. No new share issuance or further treasury share disposal may occur within 30 days of the repurchase unless prior Exchange approval is obtained.