Juneyao Air Buyback Progress: Spent 22.3872 million yuan to repurchase 1.9011 million shares, accounting for 0.09% of the total share capital.

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On April 2, 2026, Shanghai JiXiang Airlines Co., Ltd. (hereinafter referred to as “Jixiang Airlines”) released an announcement on the progress of its share buyback, disclosing the implementation status of the share buyback as of March 31, 2026. The announcement shows that in March, the company累计回购股份1.9M shares through centralized competitive bidding transactions, representing 0.09% of the total share capital; it spent RMB 22.39M in total, and the share buyback price range was RMB 11.48 per share to RMB 12.00 per share.

Recap of the Share Buyback Plan

According to the announcement, Jixiang Airlines held the 24th meeting of the fifth session of the board of directors on March 24, 2026, where it considered and approved the share buyback plan. The plan is to use its own funds to buy back the company’s shares through centralized competitive bidding transactions, all of which will be used for “maintaining the value of the company and the rights and interests of shareholders (disposal).” The total buyback fund amount range is RMB 250 million to RMB 500 million, the buyback price shall not exceed RMB 14.50 per share, and the buyback period shall be 3 months from the date on which the board reviewed and approved the plan (i.e., from March 24, 2026 to June 23, 2026).

Details of the March Buyback Implementation

The announcement shows that in March 2026, Jixiang Airlines, through centralized competitive bidding transactions, cumulatively repurchased 1.9M shares, accounting for 0.09% of the company’s current total share capital (2,184,005,268 shares). Among them, the lowest repurchase price was RMB 11.48 per share, the highest was RMB 12.00 per share, and the cumulative payment amount was RMB 22,387,216.00 (excluding transaction fees).

As of March 31, 2026, the above-mentioned progress in the share buyback complies with relevant provisions including the《Rules for Share Repurchases by Listed Companies》and《Shanghai Stock Exchange Self-Regulatory Guidance No. 7—Share Repurchases by Listed Companies》, as well as the company’s share buyback plan requirements.

Next Steps

Jixiang Airlines states that during the buyback period, the company will implement the repurchase when appropriate based on market conditions, and will fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations. Investors may pay attention to the company’s subsequent announcements and note investment risks.

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Responsible editor: Xiao Lang Express News