Shenzhen Pagoda Industrial (Group) Corporation Limited (Pagoda) disclosed that it repurchased 1.57 million H-shares on 23 September 2026 through open-market transactions on the Hong Kong Stock Exchange.

• Transaction details: The shares were bought at prices ranging from HKD 1.52 to HKD 1.545, with a volume-weighted average cost of roughly HKD 1.54 per share. Aggregate consideration reached HKD 2.41 million.

• Capital structure impact: – Issued shares outstanding (excluding treasury shares) declined by 0.08% to 1.96 billion. – Treasury stock increased to 37.16 million shares, while total issued capital remained unchanged at 2.00 billion shares.

• Repurchase mandate status: – The current mandate, approved on 5 June 2026, authorises the company to buy back up to 198.35 million shares. – Including the latest transaction, Pagoda has repurchased 19.91 million shares under the mandate, equal to 1.00% of the share count at the mandate date.

• Regulatory considerations: The company is subject to a 30-day moratorium—until 23 October 2026—on issuing new shares or disposing of treasury shares following the repurchase, in line with Hong Kong listing rules.

Pagoda confirmed that the buyback complied with Main Board Rule 10.06 and that no material changes have occurred in the information set out in its explanatory statement dated 14 May 2026.