Dali Pu Group (01921.HK): Initiate buyback program

Wisdom Finance APP News, Dalipu Holdings (01921.HK) announced that the shareholders at the annual general meeting held on May 22, 2026 passed a resolution to grant the board of directors general authorization to repurchase up to 10% of the total issued shares on the day of the shareholders' annual meeting in 2026 (i.e. not more than 158 million shares). The board of directors believes that the current stock price does not fully reflect the intrinsic value and development potential of the group, so they have decided to initiate a buyback program. The buyback program aims to convey the board's confidence in the future prospects of the group to the market, and to increase long-term returns for shareholders by optimizing the share capital structure to enhance earnings per share and net asset value per share. In addition, the repurchased shares will be held as treasury stocks and may be cancelled, sold, or used to reward outstanding employees in the Middle East who have made significant contributions in the future as needed.