XIAOMI-W (01810) has implemented a HK$20 billion share buyback plan in the market.

Xiaomi-W(01810) announced that it has adopted a new share repurchase plan in the market, which will take effect when the existing share repurchase plan expires on June 2, 2026 (the date of the company's 2026 Annual General Meeting of Shareholders). Under the new share repurchase plan, the company may repurchase up to HK$20 billion worth of Class B ordinary shares in the next 12 months, until the end of the Annual General Meeting of Shareholders in 2027. The company is committed to returning value to its shareholders. As of the date of this announcement, the company has repurchased approximately 399.6 million Class B shares for a total of approximately HK$14.6 billion under the existing share repurchase plan (including through the automatic share repurchase plan). The Board of Directors believes that the share repurchase at this time demonstrates the company's confidence in its business outlook and prospects, and will ultimately benefit the company and create value for shareholders. The company's current financial resources are sufficient to support the share repurchase while maintaining a solid financial position.