Haitian Flavouring announced plans to repurchase A-shares using its own funds, with an amount of no less than 1 billion yuan and no more than 2 billion yuan. The maximum repurchase price is 53 yuan per share, and the company expects to buy back between 18.87 million and 37.74 million shares, representing 0.32% to 0.64% of total share capital. The repurchase period is 12 months following shareholder approval. The repurchased shares will be used for cancellation and reduction of registered capital, as well as for employee stock ownership plans or equity incentives, with 70% or more of the repurchased shares to be cancelled to reduce registered capital. In the first quarter of 2026, Haitian Flavouring achieved revenue of 9.029 billion yuan and net profit attributable to the parent company of 2.444 billion yuan.
Foshan Haitian Flavouring and Food Co LtdCompany announces large share buyback (1-2 billion yuan) with majority cancellation, signaling capital return to shareholders.