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Youjiao Innovation (02431) plans to repurchase H shares of no more than HK$200 million
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According to Zhitong Finance App News, Youjia Innovation (02431) issued an announcement. The board of directors has decided to repurchase the company's H shares on the open market of the Hong Kong Stock Exchange Limited (Stock Exchange) from time to time in accordance with the general mandate granted to the Company's directors and approved by the Company's shareholders at the annual shareholders' meeting held on June 12, 2026, for a total amount not exceeding HK$200 million (share repurchase).

The Board believes that the repurchase of shares will show the Company's confidence in its own business expectations and prospects, and will ultimately benefit the Company and create value for its shareholders. The Board believes that the Company's current financial resources will enable it to repurchase shares while maintaining a sound financial position.

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