Yunnan Jinxun Resources Co., Ltd. (Jinxun Resource) reported the execution of a share-repurchase transaction on 20 July 2026. Key details are as follows:
• Transaction scale: 45,600 H shares were repurchased on the Hong Kong Stock Exchange, equal to 0.11% of the company’s issued share capital (excluding treasury shares) prior to the transaction.
• Pricing: Shares were bought within a price range of HKD 12.40 to HKD 12.69, translating into a volume-weighted average cost of HKD 12.5939 per share. The total consideration amounted to HKD 0.57 million.
• Capital structure: Post-transaction, issued shares outstanding (excluding treasury shares) declined to 42.05 million, while treasury shares increased to 227,600, leaving total issued shares unchanged at 42.28 million.
• Mandate utilisation: The buy-back forms part of the mandate approved on 18 May 2026, which authorises the company to repurchase up to 4.23 million shares. To date, 227,600 shares—or 0.54% of the company’s issued shares on the mandate date—have been repurchased under this authority.
• Moratorium: In accordance with Hong Kong listing rules, Jinxun Resource is restricted from issuing new shares or disposing of treasury shares until 19 August 2026.
The company confirmed that all repurchases were conducted in compliance with the requirements of the Hong Kong Main Board Listing Rules and that no material changes have been made to the repurchase mandate’s explanatory statement filed on 17 April 2026.