Foshan Haitian Flavouring and Food Company Ltd. (“Haitian Flavouring”) disclosed new repurchase activity covering both its onshore A-share listing (Shanghai: 603288) and offshore H-share listing (HKEX: 03288).

Key takeaways

1. A-share repurchase • Date: 8 September 2026 • Volume: 0.86 million shares, equal to 0.0155% of the 5.55 billion A-shares outstanding before the transaction. • Price range: RMB 34.01–34.20; volume-weighted average price: RMB 34.13. • Cash outlay: RMB 29.30 million. • Post-transaction, issued A-shares fell to 5.54 billion, while treasury stock rose to 15.30 million shares.

2. H-share repurchase • Latest trade (8 September 2026): 0.26 million shares at HKD 28.32–28.54; consideration of HKD 7.41 million. • Cumulative purchases (1–8 September 2026): 2.70 million H-shares, representing 0.93% of the 291.22 million H-shares authorised for repurchase under the mandate approved on 14 July 2026. • All H-shares bought are earmarked for cancellation; none are held as treasury stock. • A 30-day moratorium on new share issues or treasury-share disposals runs through 8 October 2026 under Hong Kong listing rules.

Capital structure snapshot (post 8 September 2026)

• A-shares issued (excluding treasury): 5.54 billion • A-share treasury stock: 15.30 million • H-shares issued: 291.22 million (pending cancellation of 2.70 million repurchased shares) • Combined issued share count (A + H): 5.56 billion

Strategic context

The latest repurchases form part of Haitian Flavouring’s ongoing capital management programme aimed at cancelling shares and supporting equity-based incentive schemes. The company retains authority to repurchase up to 29.12 million H-shares; after the recent transactions, 26.42 million H-shares remain available under the current mandate.