HUAYAN ROBOTICS (01021) plans to repurchase no more than RMB 200 million of H shares.

HUAYAN ROBOTICS (01021) announces that the Company will implement an H Share repurchase plan to exercise the general mandate granted to the Board by the shareholders at the 2025 annual general meeting held on June 22, 2026, to repurchase H Shares. Pursuant to the H Share Repurchase Mandate, the Company is authorized to repurchase up to 10% of the total number of issued H Shares (excluding any treasury shares) as at the date of passing of the resolution for the H Share Repurchase Mandate, being no more than 53,903,900 H Shares. The H Share Repurchase Mandate will expire on the earliest of: (a) the date falling 12 months after the date on which the resolution for the H Share Repurchase Mandate is passed by way of special resolution at the 2025 annual general meeting; (b) the conclusion of the Company's 2026 annual general meeting; or (c) the date on which the authority contained in the resolution passed by the shareholders at any general meeting of the Company to revoke or vary the H Share Repurchase Mandate is revoked or varied. Pursuant to the H Share Repurchase Plan, the Company intends to repurchase H Shares on the open market from time to time depending on market conditions, with an aggregate repurchase amount not exceeding RMB 200 million, and the repurchase period will last until the expiry date of the H Share Repurchase Mandate, unless the aggregate repurchase amount reaches the above cap or the Board or its authorized persons decide to terminate the H Share Repurchase Plan early. The H Shares repurchased under the H Share Repurchase Plan will be cancelled. The Company intends to fund the H Share Repurchase Plan using its own funds and internal resources, while maintaining sufficient financial resources to support the continued growth of its operations. To avoid confusion, none of the aforementioned own funds involve the proceeds from the Company's global offering of H Shares.