Guanghui Logistics Co., Ltd. Progress Announcement on Share Repurchase through Centralized Competitive Bidding

Log in to the Sina Finance app, search for 【information disclosure】 to see more assessment tiers

Stock code: 600603 Stock abbreviation: Guanghui Logistics Announcement No.: 2026-011

Guanghui Logistics Co., Ltd.

Progress Announcement on the Repurchase of Shares by Using the Centralized Competitive Trading Method

The board of directors and all the directors of the Company hereby guarantee that this announcement contains no false records, misleading statements or material omissions, and assume legal responsibility for the truthfulness, accuracy, and completeness of the contents.

Key Points:

■

I. Basic Information on the Share Repurchase

Guanghui Logistics Co., Ltd. (hereinafter referred to as the “Company”) has, based on confidence in the Company’s future development prospects and a high level of recognition of the Company’s value, and in order to uphold the Company’s long-term sustainable development and value growth, maintain the Company’s market value, enhance earnings per share, and improve the investment returns for the Company’s shareholders, while establishing a good image of the Company in the capital market, use its own funds to repurchase shares and fully cancel them to reduce the Company’s registered capital.

On July 15, 2024, and July 31, 2024, the Company convened the 11th session of the board of directors’ 2024 6th meeting and the 2024 4th extraordinary general meeting, respectively, and considered and approved the Proposal on Repurchasing the Company’s Shares by Using the Centralized Competitive Trading Method, agreeing that the Company would use its own funds of not less than RMB 200,000,000 (inclusive) and not more than RMB 400,000,000 (inclusive) to repurchase shares through centralized competitive trading. The repurchase price shall not exceed RMB 7.84 per share. All repurchased shares shall be cancelled for the purpose of reducing the Company’s registered capital. The repurchase period shall be no more than 12 months from the date on which the Company’s general meeting approves the repurchase plan. For details, please refer to the Company’s announcement disclosed on August 1, 2024 on the website of the Shanghai Stock Exchange (www.sse.com.cn), titled “Guanghui Logistics Co., Ltd. Repurchase Report on Repurchasing the Company’s Shares by Using the Centralized Competitive Trading Method” (Announcement No.: 2024-066).

On November 15, 2024, and November 29, 2024, the Company convened the 11th session of the board of directors’ 2024 12th meeting and the 2024 6th extraordinary general meeting, respectively, and considered and approved the Proposal on Adjusting the Share Repurchase Plan, agreeing that the Company would adjust the repurchase price and the implementation period of the repurchase plan. “Not more than RMB 7.84 per share (inclusive)” was adjusted to “not more than RMB 11.00 per share (inclusive)”. For details, please refer to the Company’s announcement disclosed on November 16, 2024 on the website of the Shanghai Stock Exchange (www.sse.com.cn), titled “Guanghui Logistics Co., Ltd. Announcement on Adjusting the Share Repurchase Plan” (Announcement No.: 2024-106).

On July 2, 2025, and July 18, 2025, the Company convened the 11th session of the board of directors’ 2025 3rd meeting and the 2025 2nd extraordinary general meeting, respectively, and considered and approved the Proposal on Adjusting the Share Repurchase Plan, agreeing that the Company would extend the implementation period of the share repurchase by 9 months, i.e., the implementation period of the Company’s share repurchase will be from July 31, 2024 to April 30, 2026. For details, please refer to the Company’s announcement disclosed on July 3, 2025 on the website of the Shanghai Stock Exchange (www.sse.com.cn), titled “Guanghui Logistics Co., Ltd. Announcement on Adjusting the Share Repurchase Plan” (Announcement No.: 2025-052).

II. Progress of the Share Repurchase

According to the relevant provisions of the Rules for Repurchase of Shares by Listed Companies and the Self-regulatory Guidance No. 7 of the Shanghai Stock Exchange for Listed Companies—Repurchase of Shares, and other relevant regulations, the Company hereby announces the Company’s share repurchase as of the end of last month as follows:

As of March 31, 2026, the Company has repurchased 14,770,400 shares of the Company through centralized competitive trading, accounting for 1.24% of the Company’s current total share capital of 1,193,329,151 shares. The highest purchase price was RMB 10.96 per share, and the lowest purchase price was RMB 4.62 per share. The total amount paid for the repurchased shares was RMB 84,985,433.60 (excluding transaction fees).

The above share repurchase matters comply with relevant laws and regulations and the Company’s share repurchase plan.

III. Other Matters

The Company will strictly comply with the Rules for Repurchase of Shares by Listed Companies, the Self-regulatory Guidance No. 7 of the Shanghai Stock Exchange for Listed Companies—Repurchase of Shares, and other relevant regulations. Within the repurchase period, the Company will make repurchase decisions and implement them when appropriate based on market conditions. Meanwhile, based on the progress of the repurchase matters, the Company will promptly fulfill its information disclosure obligations. Investors are kindly requested to pay attention to investment risks.

This announcement is hereby issued.

Guanghui Logistics Co., Ltd.

Board of Directors

April 4, 2026

Endless information and precise interpretation are available on the Sina Finance app