• Guolian Minsheng Securities flagged plans to repurchase its RMB-denominated A shares to support valuation, with possible capital reduction.
• Buyback size targeted at RMB 100 million to RMB 200 million, funded from internal cash.
• Repurchases would be executed via centralized auction transactions, with pricing set within regulatory limits.
• Plan remains under consideration, with final terms subject to internal approvals and required disclosures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guolian Minsheng Securities Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260720-12248987), on July 19, 2026, and is solely responsible for the information contained therein.