Youjiao Innovation (02431) plans to repurchase H shares with a total amount not exceeding HK$200 million

Zhitong Finance App News, Youjiao Innovation (02431) issued an announcement. The board of directors has decided to buy back the company's H shares on the open market of the Hong Kong Stock Exchange Limited from time to time in accordance with the general authorization granted to the company's directors and approved by the company's shareholders at the annual general meeting of shareholders to be held on May 23, 2025, with a total amount not exceeding HK$200 million. The term of the share repurchase authorization is from the date of consideration and approval at the annual general meeting of shareholders until the following earlier date: (i) after the next annual general meeting of shareholders of the company, the authorization will expire at that time, unless the meeting passes a special resolution to unconditionally or conditionally continue; or (ii) the date on which any shareholders' meeting of the company passes a special resolution to withdraw or change the authorization of this motion.