ZJ Innolight Co., Ltd. has reported a sizeable on-market share buy-back in its Monthly Return for the period ended 30 September 2026 submitted to Hong Kong Exchanges and Clearing on 8 October 2026.

Key movements

1. Capital base unchanged • Issued share capital remained at 1.18 billion shares (RMB 1.18 billion par value), split between 1.12 billion Shenzhen-listed A shares and 62.68 million Hong Kong-listed H shares. No new shares were issued during the month.

2. A-share repurchases moved into treasury • The company repurchased 5.65 million A shares through 14 market transactions conducted between 1 and 23 September 2026. • Buy-back prices ranged from RMB 815.04 to RMB 941.02 per share, implying a volume-weighted average purchase price of roughly RMB 883.90. • The total cash outlay is estimated at about RMB 5.00 billion. • All repurchased shares were transferred to treasury, reducing the number of A shares in public hands to 1.11 billion while establishing a treasury stock balance of 5.65 million shares. The outstanding A-share count declined by approximately 0.51%.

3. H-shares steady; public float intact • The 62.68 million H shares listed in Hong Kong were unchanged, and the company affirmed compliance with the minimum 5% public-float requirement for PRC issuers.

4. Equity incentive schemes • Unvested awards under the 2023 Restricted Shares Incentive Scheme total 6.22 million A shares. • Unvested awards under the 2025 Restricted Shares Incentive Scheme amount to 8.53 million A shares. Vesting remains subject to performance and procedural conditions.

No warrants, convertible securities, or other share-issuance arrangements were activated during the month, and no treasury shares were cancelled or re-issued.

The company confirmed that all repurchase activities were duly authorised and executed in accordance with applicable Hong Kong and PRC regulations.