Yeahka Limited — Share Issue/Capital Change 2026

Jan 7, 2026

FF301

HKEX

香港交易所

Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities

For the month ended: 31 December 2025

Status: New Submission

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer: YEAHKA LIMITED (the "Company") (incorporated in the Cayman Islands with limited liability)

Date Submitted: 07 January 2026

I. Movements in Authorised / Registered Share Capital

1. Class of shares	Ordinary shares		Type of shares	Not applicable			Listed on the Exchange (Note 1)		Yes
Stock code (if listed)	09923		Description
		Number of authorised/registered shares			Par value			Authorised/registered share capital
Balance at close of preceding month		1,000,000,000			USD	0.000025		USD	25,000
Increase / decrease (-)		0						USD
Balance at close of the month		1,000,000,000			USD	0.000025		USD	25,000

Total authorised/registered share capital at the end of the month: USD 25,000

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II. Movements in Issued Shares and/or Treasury Shares

1. Class of shares	Ordinary shares		Type of shares	Not applicable		Listed on the Exchange (Note 1)		Yes
Stock code (if listed)	09923		Description
		Number of issued shares (excluding treasury shares)			Number of treasury shares		Total number of issued shares
Balance at close of preceding month		461,568,442			594,000		462,162,442
Increase / decrease (-)		-61,600			61,600
Balance at close of the month		461,506,842			655,600		462,162,442

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III. Details of Movements in Issued Shares and/or Treasury Shares

(A). Share Options (under Share Option Schemes of the Issuer)

1. Class of shares		Ordinary shares		Type of shares		Not applicable			Listed on the Exchange (Note 1)			Yes
Stock code (if listed)		09923		Description
Particulars of share option scheme		Number of share options outstanding at close of preceding month	Movement during the month				Number of share options outstanding at close of the month		Number of new shares issued during the month pursuant thereto (A1)	Number of treasury shares transferred out of treasury during the month pursuant thereto (A2)	Number of shares which may be issued or transferred out of treasury pursuant thereto as at close of the month	The total number of shares which may be issued or transferred out of treasury upon exercise of all share options to be granted under the scheme at close of the month
1).	Share option (the "Share Option") scheme approved and adopted at the extraordinary general meeting (the "EGM") on October 13, 2020 (the "Share Option Scheme") (Remark 1, 2, 3 and 4)	5,232,750	Lapsed		-2,500		5,230,250			5,038,625	37,390,257
General Meeting approval date (if applicable) 13 October 2020

Increase in issued shares (excluding treasury shares): _____ Ordinary shares (AA1)

Decrease in treasury shares: _____ Ordinary shares (AA2)

Total funds raised during the month from exercise of options: HKD _____ 0

Remarks:

Remark 1: On January 7, 2021, the Company granted a total of 4,586,000 Share Options to 121 option grantees in accordance with the Share Option Scheme to subscribe for a total of 4,586,000 ordinary shares of the Company (the "Shares") (400,000 Share Options were granted to two directors of the Company and 4,186,000 Share Options were granted to certain employees of the Group), subject to the terms of the Share Option Scheme approved and adopted at the EGM on October 13, 2020 including the vesting schedule. The exercise price is HK$44.20 per Share. Please refer to the announcement published by the Company on January 7, 2021. As at December 31, 2025, a total of 1,325,000 Share Options have been lapsed; the vested Share Options amounted to 3,261,000 Share Options and there were no remaining unvested Share Options.

Remark 2: On May 12, 2021, the Company granted a total of 2,000,000 Share Options to 68 option grantees in accordance with the Share Option Scheme to subscribe for a total of 2,000,000 Shares (no Share Options were granted to a director, chief executive or substantial shareholder of the Company or any of their respective associates), subject to the terms of the Share Option Scheme approved and adopted at the EGM on October 13, 2020 including the vesting schedule. The exercise price is HK$58.60 per Share. Please refer to the announcement published by the Company on May 12, 2021. As at December 31, 2025, a total of 864,750 Share Options have been lapsed; the vested Share Options amounted to 1,135,250 and there were no remaining unvested Share Options.

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Remark 3: On January 21, 2022, the Company granted a total of 1,000,000 Share Options to 210 option grantees in accordance with the Share Option Scheme to subscribe for a total of 1,000,000 Shares (no Share Options were granted to a director, chief executive or substantial shareholder of the Company or any of their respective associates), subject to the terms of the Share Option Scheme approved and adopted at the EGM on October 13, 2020 including the vesting schedule. The exercise price is HK$25.56 per Share. Please refer to the announcement published by the Company on January 24, 2022. As at December 31, 2025, a total of 166,000 Share Options have been lapsed; the vested Share Options amounted to 642,375 and the unvested Share Options amounted to 191,625 Share Options.

Remark 4: Total Share Options to subscribe for up to 42,620,507 Shares may be granted under the Share Option Scheme adopted at the EGM on October 13, 2020. The Company granted 4,586,000 Share Options, 2,000,000 Share Options and 1,000,000 Share Options respectively on January 7, 2021, May 12, 2021 and January 21, 2022. As at December 31, 2025, a total of 2,355,750 Share Options have been lapsed. As a result, the total number of securities which may be issued upon exercise of all share options to be granted under the scheme at close of this month is 37,390,257 Shares.

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(B). Warrants to Issue Shares of the Issuer
Not applicable
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(C). Convertibles (i.e. Convertible into Shares of the Issuer)
Not applicable
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(D). Any other Agreements or Arrangements to Issue Shares of the Issuer, including Options (other than Share Option Schemes)

1. Class of shares		Ordinary shares	Type of shares	Not applicable		Listed on the Exchange (Note 1)		Yes
Stock code (if listed)		09923	Description
Description of other agreements or arrangements				General Meeting approval date (if applicable)	Number of new shares issued during the month pursuant thereto (D1)		Number of treasury shares transferred out of treasury during the month pursuant thereto (D2)	Number of shares which may be issued or transferred out of treasury pursuant thereto as at close of the month
1).	Restricted share unit (the "RSU") scheme approved and adopted by the board of directors on August 1, 2019 (the "RSU Scheme")				0		0	0

Increase in issued shares (excluding treasury shares): 0 Ordinary shares (DD1)

Decrease in treasury shares: 0 Ordinary shares (DD2)

Remarks:

The maximum number of RSUs that may be granted under the RSU Scheme in aggregate (excluding RSUs that have lapsed or been cancelled in accordance with the RSU Scheme) shall be such number of Shares held or to be held by the trustee (the "RSU Trustee") for the purpose of the RSU Scheme from time to time. As of June 30, 2025, the total number of Shares held by the RSU Trustee for the purpose of RSU Scheme was 73,116,345.

During the period from January 1, 2025 to June 30, 2025, the RSU Trustee had utilized an aggregate of approximately HK$0.7 million (including commission and transaction costs) to purchase 82,000 Shares from the open market at a consideration ranging from HK$7.93 to HK$8.45 per Share.

On March 28, 2025, the Company granted a total of 7,194,626 RSUs pursuant to the RSU Scheme to a total of 583 RSU Grantees. The RSU Trustees will transfer all the underlying Shares directly to the RSU Grantees and no new Shares will be issued as a result of the grant of RSUs. (Please refer to the announcement published by the Company on March 28, 2025).

As of June 30, 2025, RSUs in respect of an aggregate of 10,468,452 underlying Shares were granted but have not been vested (excluding the RSUs lapsed or cancelled). The Company will not grant any new Shares under the RSU Scheme and the RSU Scheme shall be entirely funded by existing Shares received from any Shareholder or purchased (either on-market or off-market) by the trustee of the RSU Scheme in accordance with the rules of the RSU Scheme.

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(E). Other Movements in Issued Shares and/or Treasury Shares

1. Class of shares		Ordinary shares		Type of shares		Not applicable			Listed on the Exchange (Note 1)			Yes
Stock code (if listed)		09923		Description
Events	At price (if applicable)		Date of event (Note 2)	General Meeting approval date (if applicable)	Increase/ decrease (-) in issued shares (excluding treasury shares) during the month pursuant thereto (E1)	Increase/ decrease (-) in treasury shares during the month pursuant thereto (E2)	Number of shares redeemed or repurchased for cancellation but not yet cancelled as at close of the month (Note 3)
										Currency	Amount
1).	Repurchase of shares (shares held as treasury shares)					01 December 2025	05 June 2025	-25,200	25,200
2).	Repurchase of shares (shares held as treasury shares)					03 December 2025	05 June 2025	-12,000	12,000
3).	Repurchase of shares (shares held as treasury shares)					23 December 2025	05 June 2025	-24,400	24,400

Increase/ decrease (-) in issued shares (excluding treasury shares): -61,600 Ordinary shares (EE1)

Increase/ decrease (-) in treasury shares: 61,600 Ordinary shares (EE2)

Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): -61,600 Ordinary shares

Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): 61,600 Ordinary shares

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IV. Information about Hong Kong Depositary Receipt (HDR) Not applicable

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V. Confirmations Not applicable

Submitted by: LIU Yingqi

Title: Director
(Director, Secretary or other Duly Authorised Officer)

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Notes

1. The Exchange refers to The Stock Exchange of Hong Kong Limited.
2. In the case of repurchase of shares (shares repurchased and cancelled) and redemption of shares (shares redeemed and cancelled), "date of event" should be construed as "cancellation date".

In the case of repurchase of shares (shares held as treasury shares), "date of event" should be construed as "date on which shares were repurchased and held by the issuer in treasury".

1. The information is required in the case of repurchase of shares (shares repurchased for cancellation but not yet cancelled) and redemption of shares (shares redeemed but not yet cancelled). Please state the number of shares repurchased or redeemed during the month or in preceding month(s) but pending cancellation as at close of the month as a negative number.
2. 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. Where the issuer has already made the relevant confirmations in a return published under Main Board Rule 13.25A / GEM Rule 17.27A in relation to the securities issued, or the treasury shares sold or transferred, no further confirmation is required to be made in this return.

3. "Identical" means in this context:

4. the securities are of the same nominal value with the same amount called up or paid up;

5. 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
6. 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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