CHINA FOODS (00506.HK): Senior management plans to purchase 1,000,000 shares on the open market within two months

NewTimeSpace News: On 26 August 2026, China Foods Limited (stock code: 00506) announced that the Company received a notification on the same day from its senior management (including executive directors) that, based on their confidence in the Company's business prospects and growth potential and recognition of its long-term investment value, the senior management plans to purchase the Company's shares in open market transactions within two months from the date of this announcement (the Share Purchase Plan).

The announcement stated that, under the Share Purchase Plan, the senior management intends to purchase an aggregate of 1,000,000 shares of the Company. Any purchase of the Company's shares by the senior management will strictly comply with the Listing Rules, all applicable laws and the Company's internal controls and securities trading policy.

The Company reminded that the Share Purchase Plan is subject to the risk of being unable, or partially unable, to be implemented due to changes in the capital market or other factors that cannot currently be foreseen, and shareholders and potential investors should exercise caution when dealing in the Company's securities.

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