According to the Zhitong Finance App, Jiumaojiu (09922) issued an announcement. On April 19, 2024, it decided to exercise powers under the general mandate (repurchase authorization) granted to the board of directors in accordance with the resolution passed by the company's shareholders at the annual general meeting of shareholders of the company held on June 2, 2023 to repurchase the company's shares in the open market from time to time with a maximum total amount of HK$100 million (share repurchase is recommended).

According to the repurchase authorization, the board of directors may repurchase no more than 10% of the total number of issued shares on the day of the ordinary resolution approving the repurchase authorization (i.e. June 2, 2023).