🇺🇸 SECBaozun Inc.Doubao · 实盘不做把握 9/10不做原因:风险收益比不佳
北京时间·🕒 发布 18:55:14·⟳ 抓取 18:55:42 +28s·⚡ 决策 10-16 18:57:58 +2m16s·11.8 天前
宝尊公司6-K披露10月9日至15日在纳斯达克小额回购约17.47万股,金额不足20万美元
这是一组既有回购授权下的行政性次日披露,金额和股数均极小,且各交易日回购已通过港交所回报逐日公开;没有业绩、指引、重大合同或资本结构层面的新增信息,短线风险回报不足。
📄 原文Baozun Inc.↗ 原文
----- tm2627728d1_6k.htm ----- 6-K 1 tm2627728d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHI…
不做 宝尊公司(BZUN.US)
既有回购授权下的小额常规执行,五日耗资不足20万美元、约0.10%总股本,且相关交易已逐日披露;没有足够预期差或短线价格弹性。
不做 宝尊公司港交所上市股份(09991.HK)
同一发行人的港交所股份仅受边际正面情绪影响,实际回购规模极小且6-K为合规打包文件,不构成可交易新增催化。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
结论摘要
宝尊10月9日至15日合计回购174,651股、耗资196,756.57美元,平均价格约1.10至1.16美元;回购方向虽为正面,但不足总股本的0.10%,累计仅使用授权约3.3%,不构成可交易催化。
关键理由
- 持续回购显示管理层在约1.1美元股价附近执行股东回报,但本次6-K仅汇总常规小额回购。
- 五日回购金额不足20万美元,对每股权益、流动性和估值的影响均接近可忽略。
主要风险
- 若公司后续披露显著提高回购节奏、扩大授权或公布注销计划,需重新评估资本回报影响。
- 宝尊核心电商及品牌管理业务的经营趋势仍可能主导股价,小额回购不能抵消基本面利空。
反向证据
- 做多前查反向 · 来源 filing · 日期 2026-10-16 · 影响 weakens
反向量级检查显示回购虽为正面,但五日耗资不足20万美元、累计仅占授权日已发行股份0.33%,且股份作为库存股持有而非注销,缺乏显著EPS或估值重估弹性。
检索:Baozun October 2026 repurchase amount shares mandate cumulative 574455 原文 ↗
先例如何影响了这次决策
对本次决策的影响:先例缺口未改变结论;最终因materiality不足和信息已逐日披露而AVOID。
方向:未使用先例:单笔金额不足20万美元、约0.10%总股本的常规回购披露,在定性和量级上已足以判定缺乏交易edge。
涨幅量级:不以历史回购先例设定止盈止损,因为本次不是新授权、加速回购或注销,而只是既有授权下的小额执行汇总。
形态:行政性次日回购回报通常按交易日逐项披露,本次6-K属于打包合规文件;即便不检索价格先例,也不能把它外推为重大股东回报催化。
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----- tm2627728d1_6k.htm -----
6-K
1
tm2627728d1_6k.htm
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-37385
Baozun Inc.
No. 1-9, Lane 510, West Jiangchang Road
Shanghai 200436
The People’s Republic of China
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F
or Form 40-F.
Form
20-F
x
Form 40-F
¨
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Baozun Inc.
By:
/s/
Catherine Yanjie Zhu
Name:
Catherine Yanjie Zhu
Title:
Chief Financial Officer
Date: October 16, 2026
Exhibit
Index
Exhibit 99.1 — Next Day Disclosure Return dated October 12, 2026
Exhibit 99.2 — Next Day Disclosure Return dated October 13, 2026
Exhibit 99.3 — Next Day Disclosure Return dated October 14, 2026
Exhibit 99.4 — Next Day Disclosure Return dated October 15, 2026
Exhibit 99.5 — Next Day Disclosure Return dated October 16, 2026
Safe
Harbor Statement
This announcement
contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,”
“confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,”
“going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not
historical facts, including but not limited to statements about Baozun’s beliefs and expectations, business trends, growth strategies,
operating efficiencies, margin expansion, store openings, brand performance, technology and automation initiatives, and outlook for future
periods are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about Baozun and the industries in which it operates. A number of factors could
cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to risks and
uncertainties relating to macroeconomic and consumer spending conditions, Baozun’s ability to grow and manage its e-commerce and
brand management businesses, demand for its brand partners’ and managed brands’ products, competition, its ability to improve
operating efficiency and profitability, its ability to manage inventory and working capital, the pace and effectiveness of its technology
and automation initiatives, store expansion and offline retail execution, relationships with brand partners and other third parties,
as well as Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents
published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this announcement is as of the date
hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update
such information, except as required under applicable law. Investors are cautioned not to place undue reliance on any forward-looking
statements, which speak only as of the date they are made.
----- tm2627728d1_ex99-1.htm -----
EX-99.1
2
tm2627728d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting
rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
12 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
08 October 2026
160,910,522
13,373,981
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-36,576
0.02 %
36,576
USD
1.1
Date
of changes
09 October 2026
2).
Issue of new shares or transfer of treasury shares in respect of share awards or options granted to a participant (who is not a director of the issuer) under a share scheme - treasury shares involved
2022
Share Incentive Plan - Restricted Share Units
Date
of changes
10 October 2026
8,100
0.005 %
-8,100
USD
0
Closing
balance as at
(Notes 5 and 6)
10 October 2026
160,882,046
13,402,457
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
09 October 2026
36,576
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.11
USD
1.1
USD
40,352.32
Total number of shares
36,576
Aggregate price paid $
USD 40,352.32
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
36,576
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date of the resolution granting the repurchase mandate
16 June 2026
2).
Total number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
436,380
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.25
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
08 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-2.htm -----
EX-99.2
3
tm2627728d1_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
13 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
10 October 2026
160,882,046
13,402,457
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-44,610
0.03 %
44,610
USD
1.11
Date
of changes
12 October 2026
Closing
balance as at
(Notes 5 and 6)
12 October 2026
160,837,436
13,447,067
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
12 October 2026
44,610
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.13
USD
1.1
USD
49,576.36
Total number of shares
44,610
Aggregate price paid $
USD 49,576.36
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
44,610
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
480,990
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.28
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
11 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-3.htm -----
EX-99.3
4
tm2627728d1_ex99-3.htm
EXHIBIT 99.3
Exhibit 99.3
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
14 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
12 October 2026
160,837,436
13,447,067
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-40,761
0.02 %
40,761
USD
1.15
Date
of changes
13 October 2026
Closing
balance as at
(Notes 5 and 6)
13 October 2026
160,796,675
13,487,828
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
13 October 2026
40,761
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.11
USD
46,684.74
Total number of shares
40,761
Aggregate price paid $
USD 46,684.74
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
40,761
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
521,751
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.3
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
12 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-4.htm -----
EX-99.4
5
tm2627728d1_ex99-4.htm
EXHIBIT 99.4
Exhibit 99.4
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting
rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
15 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
13 October 2026
160,796,675
13,487,828
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-44,700
0.03 %
44,700
USD
1.14
Date
of changes
14 October 2026
Closing
balance as at
(Notes 5 and 6)
14 October 2026
160,751,975
13,532,528
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule
17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer
of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out
in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
14
October 2026
44,700
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.11
USD
50,891.34
Total number of shares
44,700
Aggregate price paid $
USD 50,891.34
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
44,700
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
566,451
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.32
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
13 November 2026
Page
4
of 6
FF305
We
hereby confirm that the repurchases made on the Exchange set out in Part A above were made
in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which
has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying
to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-5.htm -----
EX-99.5
6
tm2627728d1_ex99-5.htm
EXHIBIT 99.5
Exhibit 99.5
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
16 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
14 October 2026
160,751,975
13,532,528
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-8,004
0.005 %
8,004
USD
1.16
Date
of changes
15 October 2026
Closing
balance as at
(Notes 5 and 6)
15 October 2026
160,743,971
13,540,532
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
15 October 2026
8,004
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.14
USD
9,251.81
Total number of shares
8,004
Aggregate price paid $
USD 9,251.81
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
8,004
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
574,455
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.33
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
14 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
6-K
1
tm2627728d1_6k.htm
FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number: 001-37385
Baozun Inc.
No. 1-9, Lane 510, West Jiangchang Road
Shanghai 200436
The People’s Republic of China
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F
or Form 40-F.
Form
20-F
x
Form 40-F
¨
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
Baozun Inc.
By:
/s/
Catherine Yanjie Zhu
Name:
Catherine Yanjie Zhu
Title:
Chief Financial Officer
Date: October 16, 2026
Exhibit
Index
Exhibit 99.1 — Next Day Disclosure Return dated October 12, 2026
Exhibit 99.2 — Next Day Disclosure Return dated October 13, 2026
Exhibit 99.3 — Next Day Disclosure Return dated October 14, 2026
Exhibit 99.4 — Next Day Disclosure Return dated October 15, 2026
Exhibit 99.5 — Next Day Disclosure Return dated October 16, 2026
Safe
Harbor Statement
This announcement
contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,”
“confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,”
“going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not
historical facts, including but not limited to statements about Baozun’s beliefs and expectations, business trends, growth strategies,
operating efficiencies, margin expansion, store openings, brand performance, technology and automation initiatives, and outlook for future
periods are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about Baozun and the industries in which it operates. A number of factors could
cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to risks and
uncertainties relating to macroeconomic and consumer spending conditions, Baozun’s ability to grow and manage its e-commerce and
brand management businesses, demand for its brand partners’ and managed brands’ products, competition, its ability to improve
operating efficiency and profitability, its ability to manage inventory and working capital, the pace and effectiveness of its technology
and automation initiatives, store expansion and offline retail execution, relationships with brand partners and other third parties,
as well as Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents
published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this announcement is as of the date
hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update
such information, except as required under applicable law. Investors are cautioned not to place undue reliance on any forward-looking
statements, which speak only as of the date they are made.
----- tm2627728d1_ex99-1.htm -----
EX-99.1
2
tm2627728d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting
rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
12 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
08 October 2026
160,910,522
13,373,981
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-36,576
0.02 %
36,576
USD
1.1
Date
of changes
09 October 2026
2).
Issue of new shares or transfer of treasury shares in respect of share awards or options granted to a participant (who is not a director of the issuer) under a share scheme - treasury shares involved
2022
Share Incentive Plan - Restricted Share Units
Date
of changes
10 October 2026
8,100
0.005 %
-8,100
USD
0
Closing
balance as at
(Notes 5 and 6)
10 October 2026
160,882,046
13,402,457
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
09 October 2026
36,576
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.11
USD
1.1
USD
40,352.32
Total number of shares
36,576
Aggregate price paid $
USD 40,352.32
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
36,576
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date of the resolution granting the repurchase mandate
16 June 2026
2).
Total number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
436,380
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.25
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
08 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-2.htm -----
EX-99.2
3
tm2627728d1_ex99-2.htm
EXHIBIT 99.2
Exhibit 99.2
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
13 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
10 October 2026
160,882,046
13,402,457
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-44,610
0.03 %
44,610
USD
1.11
Date
of changes
12 October 2026
Closing
balance as at
(Notes 5 and 6)
12 October 2026
160,837,436
13,447,067
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
12 October 2026
44,610
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.13
USD
1.1
USD
49,576.36
Total number of shares
44,610
Aggregate price paid $
USD 49,576.36
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
44,610
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
480,990
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.28
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
11 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-3.htm -----
EX-99.3
4
tm2627728d1_ex99-3.htm
EXHIBIT 99.3
Exhibit 99.3
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
14 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
12 October 2026
160,837,436
13,447,067
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-40,761
0.02 %
40,761
USD
1.15
Date
of changes
13 October 2026
Closing
balance as at
(Notes 5 and 6)
13 October 2026
160,796,675
13,487,828
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
13 October 2026
40,761
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.11
USD
46,684.74
Total number of shares
40,761
Aggregate price paid $
USD 46,684.74
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
40,761
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
521,751
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.3
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
12 November 2026
Page
4
of 6
FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-4.htm -----
EX-99.4
5
tm2627728d1_ex99-4.htm
EXHIBIT 99.4
Exhibit 99.4
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting
rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
15 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
13 October 2026
160,796,675
13,487,828
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-44,700
0.03 %
44,700
USD
1.14
Date
of changes
14 October 2026
Closing
balance as at
(Notes 5 and 6)
14 October 2026
160,751,975
13,532,528
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board Rule 13.25C / GEM Rule
17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares or sale or transfer
of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer and carried out
in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
Page
3
of 6
FF305
Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
14
October 2026
44,700
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.11
USD
50,891.34
Total number of shares
44,700
Aggregate price paid $
USD 50,891.34
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
44,700
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
566,451
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.32
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
13 November 2026
Page
4
of 6
FF305
We
hereby confirm that the repurchases made on the Exchange set out in Part A above were made
in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which
has been filed with the Exchange. We also confirm that any repurchases made on another stock
exchange set out in Part A above were made in accordance with the domestic rules applying
to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
Page
5
of 6
FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other Duly Authorised Officer)
Page
6
of 6
----- tm2627728d1_ex99-5.htm -----
EX-99.5
6
tm2627728d1_ex99-5.htm
EXHIBIT 99.5
Exhibit 99.5
FF305
Next Day Disclosure
Return
(Equity issuer - changes in issued shares or
treasury shares, share buybacks and/or on-market sales of treasury shares)
Instrument:
Equity issuer
Status:
New Submission
Name of Issuer:
Baozun Inc. (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
Date Submitted:
16 October 2026
Section I must
be completed by a listed issuer where there has been a change in its issued shares or treasury shares which is discloseable pursuant
to rule 13.25A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “
Exchange
”)
(the
“Main Board Rules
”) or rule 17.27A of the Rules Governing the Listing of Securities on GEM of the Exchange (the
“
GEM Rules
”).
Section
I
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Changes in issued shares or treasury shares
Changes
in issued shares
Changes
in treasury
(excluding
treasury shares)
shares
Events
Number
of issued
shares (excluding
treasury shares)
As
a % of existing
number of issued
shares (excluding
treasury shares) before
the relevant event
Number
of treasury
shares
Issue/
selling price per
share (Note 4)
Total
number of issued
shares
(Note
3)
Opening
balance as at
(Note 1)
14 October 2026
160,751,975
13,532,528
174,284,503
1).
Repurchase
of shares (shares held as treasury shares)
-8,004
0.005 %
8,004
USD
1.16
Date
of changes
15 October 2026
Closing
balance as at
(Notes 5 and 6)
15 October 2026
160,743,971
13,540,532
174,284,503
B.
Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date
(Notes 5 and 6)
Not
applicable
Page
1
of 6
FF305
Confirmation
Pursuant to Main Board
Rule 13.25C / GEM Rule 17.27C, we hereby confirm to the best knowledge, information and belief that, in relation to each issue of shares
or sale or transfer of treasury shares as set out in Section I, it has been duly authorised by the board of directors of the listed issuer
and carried out in compliance with all applicable listing rules, laws and other regulatory requirements and, insofar as applicable:
(Note 7)
(i)
all
money due to the listed issuer in respect of the issue of shares, or sale or transfer of
treasury shares has been received by it;
(ii)
all
pre-conditions for the listing imposed by the Main Board Rules / GEM Rules under "Qualifications
of listing" have been fulfilled;
(iii)
all
(if any) conditions contained in the formal letter granting listing of and permission to
deal in the securities have been fulfilled;
(iv)
all
the securities of each class are in all respects identical (Note 8);
(v)
all
documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to
be filed with the Registrar of Companies have been duly filed and that compliance has been
made with all other legal requirements;
(vi)
all
the definitive documents of title have been delivered/are ready to be delivered/are being
prepared and will be delivered in accordance with the terms of issue, sale or transfer;
(vii)
completion
has taken place of the purchase by the issuer of all property shown in the listing document
to have been purchased or agreed to be purchased by it and the purchase consideration for
all such property has been duly satisfied; and
(viii)
the
trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed
and executed, and particulars thereof, if so required by law, have been filed with the Registrar
of Companies.
Notes to Section
I:
1.
Please
insert the closing balance date of the last Next Day Disclosure Return published pursuant
to Main Board Rule 13.25A / GEM Rule 17.27A or Monthly Return pursuant to Main Board Rule
13.25B / GEM Rule 17.27B, whichever is the later.
2.
Please
set out all changes in issued shares or treasury shares requiring disclosure pursuant to
Main Board Rule 13.25A / GEM Rule 17.27A together with the relevant dates of changes. Each
category will need to be disclosed individually with sufficient information to enable the
user to identify the relevant category in the listed issuer's Monthly Return. For example,
multiple issues of shares as a result of multiple exercises of share options under the same
share option scheme or of multiple conversions under the same convertible note must be aggregated
and disclosed as one category. However, if the issues resulted from exercises of share options
under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed
as 2 separate categories.
3.
The
percentage change in the number of issued shares (excluding treasury shares) of the listed
issuer is to be calculated by reference to the opening balance of the number of issued shares
(excluding treasury shares) being disclosed in this Next Day Disclosure Return.
Page
2
of 6
FF305
4.
In
the case of a share repurchase or redemption, the “issue/ selling price per share”
shall be construed as “repurchase price per share” or “redemption price
per share”.
Where shares have been
issued/ sold/ repurchased/ redeemed at more than one price per share, a volume-weighted average price per share should be given.
5.
The
closing balance date is the date of the last relevant event being disclosed.
6.
For
repurchase or redemption of shares, disclosure is required when the relevant event has occurred
(subject to the provisions of Main Board Rules 10.06(4)(a), 13.25A and 13.31 / GEM Rules
13.13(1), 17.27A and 17.35), even if the repurchased or redeemed shares have not yet been
cancelled.
If repurchased or redeemed
shares are to be cancelled upon settlement of such repurchase or redemption after the closing balance date, they shall remain part of
the issued shares as at the closing balance date in Part A. Details of these repurchased or redeemed shares shall be disclosed in Part
B.
7.
Items
(i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s)
that is/are not applicable to meet individual cases.
8.
“Identical”
means in this context:
-
the
securities are of the same nominal value with the same amount called up or paid up;
-
they
are entitled to dividend/interest at the same rate and for the same period, so that at the
next ensuing distribution, the dividend/interest payable per unit will amount to exactly
the same sum (gross and net); and
-
they
carry the same rights as to unrestricted transfer, attendance and voting at meetings and
rank pari passu in all other respects.
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Section II must also be completed by a
listed issuer where it has made a repurchase of shares which is discloseable under Main Board Rule 10.06(4)(a) / GEM Rule 13.13(1).
Repurchase report
Section
II
1.
Class of shares
WVR
ordinary shares
Type
of shares
A
Listed
on the Exchange
Yes
Stock
code (if listed)
09991
Description
A.
Repurchase report
Trading
date
Number
of shares
repurchased
Method
of repurchase
(Note 1)
Repurchase
price per share or
highest repurchase price per
share $
Lowest
repurchase
price per share $
Aggregate
price paid $
1).
15 October 2026
8,004
On
another stock exchange
Nasdaq
Global Select Market in the United States
USD
1.16
USD
1.14
USD
9,251.81
Total number of shares
8,004
Aggregate price paid $
USD 9,251.81
repurchased
Number of shares
repurchased for
cancellation
Number of shares
repurchased for holding
8,004
as treasury shares
B.
Additional
information for issuer who has a primary listing on the Exchange
1).
Date
of the resolution granting the repurchase mandate
16 June 2026
2).
Total
number of shares which the issuer is authorised to repurchase under the repurchase mandate
17,438,516
3).
Number
of shares repurchased on the Exchange or another stock exchange under the repurchase mandate
(a)
574,455
4).
As
a % of number of issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate
0.33
%
(a) x 100 / number of issued shares (excluding treasury shares) as at the date
of the resolution granting the repurchase mandate
5).
Moratorium
period for any issue of new shares, or sale or transfer of treasury shares after the share repurchase(s) set out in Part A (
Note
2
)
Up
to
14 November 2026
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FF305
We hereby confirm that the repurchases made on the
Exchange set out in Part A above were made in accordance with the Main Board Rules / GEM Rules and that there have been no material
changes to the particulars contained in the Explanatory Statement dated 15 May 2026 which has been filed with the Exchange. We also
confirm that any repurchases made on another stock exchange set out in Part A above were made in accordance with the domestic rules
applying to repurchases on that other stock exchange.
Notes to Section II:
1.
Please
state whether the repurchase was made on the Exchange, on another stock exchange (stating
the name of the exchange), by private arrangement or by general offer.
2.
Subject
to the carve-out set out in Main Board Rule 10.06(3)(a)/ GEM Rule 13.12, an issuer may not
(i) make a new issue of shares, or a sale or transfer of any treasury shares; or (ii) announce
a proposed new issue of shares, or a sale or transfer of any treasury shares, for a period
of 30 days after any purchase by it of shares, whether on the Exchange or otherwise, without
the prior approval of the Exchange.
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FF305
Section III must also be completed by a listed
issuer where it has made a sale of treasury shares on the Exchange or any other stock exchange on which the issuer is listed which is
discloseable under Main Board Rule 10.06B / GEM Rule 13.14B.
Report of on-market sale of treasury shares
Not applicable
Submitted
by:
Vincent
Wenbin Qiu
(Name)
Title:
Chairman
and Chief Executive Officer
(Director, Secretary or other
Duly Authorised Officer)
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