On June 13, 9.9 announced through the Hong Kong Stock Exchange that the company plans to repurchase its shares in the public market for a maximum total amount of HKD 200 million. The company is expected to cancel the repurchased shares afterwards and provide funding for the proposed share repurchase with its existing available cash reserves. According to the repurchase authorization, the board of directors may repurchase up to 10% of the total issued shares (excluding treasury shares) on the day of the ordinary resolution approved for repurchase authorization by the Hong Kong Stock Exchange (i.e., June 6, 2024).
九毛九：拟最高2亿港元于公开市场购回公司股份
Jiumaojiu: plans to buy back company shares for up to HKD 200 million on the open market.
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