Guoquan Food (Shanghai) Co., Ltd. (GUOQUAN) filed its Monthly Return to the Hong Kong Stock Exchange for the period ended 31 May 2026, detailing an aggressive repurchase programme that materially increased its treasury share balance while keeping total issued share capital unchanged.

During May, the company acquired 28.17 million H-shares on the open market at prices ranging from HK$2.49 to HK$3.36 per share. The transactions, approved by shareholders on 29 April 2026, cost an estimated HK$79.65 million, implying an average repurchase price of roughly HK$2.83 per share. All repurchased shares were retained as treasury stock.

Key share capital metrics as at 31 May 2026:

• Authorised / registered share capital: 2.75 billion ordinary H-shares with par value of RMB 1.00 each, unchanged month-on-month. • Total issued shares (including treasury): 2.75 billion, unchanged. • Issued shares outstanding (excluding treasury): 2.60 billion, down 28.17 million (-1.07%) versus April. • Treasury shares: 151.09 million, up 28.17 million; treasury stock now represents approximately 5.50% of total issued share capital.

No new share options, warrants, convertible securities or other share issuance agreements were reported for the month. Despite the reduction in free-float shares, GUOQUAN confirmed compliance with the Hong Kong Main Board’s minimum 25% public-float requirement.