Huayan Robotics (01021.HK) plans to repurchase no more than RMB 200 million of H shares.

Zhitong Finance APP News, Huayan Robotics (01021.HK) announced that the company will implement an H share repurchase plan to exercise the general mandate granted to the board of directors by 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 entitled to repurchase up to 10% of the total number of issued H shares (excluding any treasury shares) as at the date of passing the resolution for the H share repurchase mandate, i.e. not 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 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 mandate set out in the resolution revoking or varying the H share repurchase mandate is passed by special resolution by shareholders at any general meeting of the company.