Core Viewpoint - The company, Guoshengtang (02273), has seen its stock price increase by over 4%, currently trading at 28.98 HKD with a transaction volume of 42.5 million HKD, following the announcement of share buyback plans and the commitment of its founder to increase shareholding [1] Group 1: Share Buyback Authorization - Guoshengtang announced that shareholders approved a resolution at the annual general meeting on June 20, 2025, granting the board the authority to repurchase up to 23.6965 million shares, representing 10% of the total issued shares as of that date [1] - On August 29, 2025, the board decided to exercise the buyback authorization, planning to repurchase shares in the open market for a total price of up to 300 million HKD [1] - Additionally, on November 6, the board resolved to further exercise the buyback authorization, planning to repurchase shares in the open market for another total price of up to 300 million HKD [1] Group 2: Founder’s Shareholding Commitment - The company responded to changes in major shareholder holdings, stating that founder Tu Zhiliang has never reduced his stake and has continuously increased it, demonstrating confidence in the company's development [1] - Since the company's listing in 2021, Tu Zhiliang has not only refrained from selling shares but has also made five purchases in the secondary market, accumulating a total of 2,824,828 shares [1] - This consistent increase in shareholding reflects Tu Zhiliang's strong belief in the company's long-term business prospects and value [1]

Core Viewpoint - The company, Gushengtang (02273), has seen its stock price increase by over 4%, currently trading at 28.98 HKD with a transaction volume of 42.5 million HKD, following announcements regarding share buybacks and the founder's continued investment in the company [1] Group 1: Share Buyback Authorization - Gushengtang announced that shareholders approved a general authorization for the board to repurchase up to 23.6965 million shares, representing 10% of the total issued shares as of June 20, 2025 [1] - On August 29, 2025, the board decided to exercise the buyback authorization, allowing for the repurchase of shares in the open market for a total price of up to 300 million HKD [1] - Additionally, on November 6, the board resolved to further exercise the buyback authorization, allowing for another repurchase of shares in the open market for an additional 300 million HKD [1] Group 2: Founder’s Shareholding Activity - The company responded to changes in major shareholder holdings, stating that founder Tu Zhiliang has never reduced his stake and has continuously increased it, demonstrating confidence in the company's development [1] - Since Gushengtang's listing in 2021, Tu Zhiliang has not only refrained from selling shares but has also made five purchases in the secondary market, accumulating a total of 2,824,828 shares [1] - This activity reflects Tu Zhiliang's strong belief in the company's long-term business prospects and value [1]

Summary of Key Points Core Viewpoint - A total of 30 companies conducted share buybacks on November 6, 2025, with China Feihe (06186) leading in both the number of shares repurchased and the total amount spent on buybacks [1]. Group 1: Buyback Details - China Feihe (06186) repurchased 6.806 million shares for a total of 29.4298 million yuan, representing 0.746% of its total share capital [2]. - Kexin Pharmaceutical-B (02171) repurchased 1.734 million shares for 26.3078 million yuan, accounting for 0.380% of its total share capital [2]. - COSCO Shipping Holdings (01919) repurchased 1.53 million shares for 20.9869 million yuan, which is 0.409% of its total share capital [2]. Group 2: Other Notable Buybacks - Gushengtang (02273) repurchased 493,500 shares for 13.7699 million yuan, representing 3.435% of its total share capital [2]. - China Petroleum & Chemical Corporation (00386) repurchased 2.398 million shares for 10.1066 million yuan, which is 0.100% of its total share capital [2]. - Lianyi Technology-W (09959) repurchased 2.38 million shares for 7.4745 million yuan, accounting for 4.298% of its total share capital [2]. Group 3: Additional Companies - Other companies that conducted buybacks include: - Ruisheng Technology (02018) with 165,000 shares repurchased for 6.5033 million yuan [2]. - MGM China (02282) with 400,000 shares repurchased for 6.3701 million yuan [2]. - Huajian Medical (01931) with 922,000 shares repurchased for 5.9985 million yuan [2]. Group 4: Smaller Buybacks - Companies with smaller buyback amounts include: - Yidian Cloud (02416) with 130,000 shares repurchased for 264,000 yuan [3]. - International Home Retail (01373) with 150,000 shares repurchased for 118,500 yuan [3]. - Mobi Development (00947) with 70,000 shares repurchased for 1.167 million yuan [3].

Summary of Key Points Core Viewpoint - The company, Guosheng Tang, has been actively repurchasing its shares, indicating a strategy to support its stock price amidst a decline in market performance. Share Buyback Details - On November 6, the company repurchased 493,500 shares at a price range of HKD 27.740 to HKD 28.200, totaling HKD 13.7699 million [2] - Since September 10, the company has conducted buybacks for 39 consecutive days, acquiring a total of 7.848 million shares for a cumulative amount of HKD 237 million [2] - The stock has experienced a cumulative decline of 16.55% during the buyback period [2] - Year-to-date, the company has executed 62 buybacks, totaling 10.8026 million shares and an aggregate amount of HKD 331 million [2] Historical Buyback Data - The buyback details include various dates, share quantities, highest and lowest prices, and total amounts spent, showcasing a consistent effort to stabilize the stock price [3][4] - For instance, on October 31, the company repurchased 582,000 shares at a maximum price of HKD 28.680, amounting to HKD 16.5874 million [3] - The highest recorded buyback price during this period was HKD 33.900 on June 19, with a total of 195,000 shares repurchased [4]

Core Viewpoint - The company, Guoshengtang (02273), has announced a share buyback plan authorized by shareholders during the annual general meeting scheduled for June 20, 2025, allowing the purchase of up to 23.6965 million shares, representing 10% of the total issued shares as of that date [1] Summary by Sections - **Share Buyback Authorization** - The board of directors has been granted the authority to repurchase shares up to a maximum of 2369.65 million shares, which constitutes 10% of the total issued shares as of June 20, 2025 [1] - **Implementation of Buyback** - On August 29, 2025, the board resolved to exercise the buyback authorization and will repurchase shares in the open market for a total price of up to 300 million Hong Kong dollars [1] - Additionally, on November 6, 2025, the board decided to further exercise the buyback authorization, allowing for an additional repurchase of shares in the open market for another maximum of 300 million Hong Kong dollars [1]

Core Viewpoint - The company, Gushengtang (02273), has received authorization from shareholders to repurchase up to 23.6965 million shares, representing 10% of the total issued shares as of June 20, 2025 [1] Summary by Relevant Sections - **Share Repurchase Authorization** - The company was granted a general authorization to repurchase shares at the annual general meeting on June 20, 2025 [1] - **Repurchase Plans** - On August 29, 2025, the board resolved to exercise the repurchase authorization, planning to buy back shares in the open market for a total amount of up to 300 million HKD [1] - Additionally, on November 6, 2025, the board decided to further exercise the repurchase authorization, again planning to buy back shares in the open market for another amount of up to 300 million HKD [1]

Core Viewpoint - The company, Gushengtang (02273.HK), has announced a share buyback plan, with a total budget of up to HKD 300 million for the initial buyback and an additional HKD 300 million approved on November 6, 2025, for further buybacks in the open market [1] Group 1 - The board of directors resolved to exercise the buyback authorization on August 29, 2025, allowing the company to repurchase shares in the open market [1] - The total budget for the share buyback has been set at a maximum of HKD 300 million [1] - On November 6, 2025, the board further resolved to increase the buyback authorization by an additional HKD 300 million [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 GUSHENGTANG HOLDINGS LIMITED 固 生 堂 控 股 有 限 公 司 （根據開曼群島法律註冊成立的有限公司） （股份代號：2273） 自願性公告 根據購回授權購回股份 根據股東於2025年6月20日舉行的股東週年大會上通過的股東決議案，本公司 董事（「董事」）獲授購回最多23,696,549股本公司股份（「股份」）的一般授權，佔 截至2025年6月20日已發行股份總數的10%（「購回授權」）。 於2025年8月29日，董事會（「董事會」）決議行使購回授權，適時於公開市場購 回股份，總價最多300百萬港元（「先前建議股份購回」）。除先前建議股份購回 總價，於2025年11月6日，董事會決議進一步行使購回授權，適時於公開市場 購回股份，再次增加最多300百萬港元（「建議股份購回」）。建議股份購回於本 公告日期開始，直至下列最早者：(i)本公司下屆股東週年大會結束時，(ii)任何 適用 ...

固生堂(02273)发布公告，于2025年11月6日，该公司斥资约1376.99万港元购回49.35万股股份，每股回 购价27.74-28.2港元。 ...

Core Viewpoint - The company, Gushengtang (02273), announced a share buyback plan, indicating a strategic move to enhance shareholder value through repurchasing shares at a price range of 27.74 to 28.2 HKD per share [1] Group 1 - The company will spend approximately 13.7699 million HKD to repurchase 493,500 shares [1]