BRII-B (2137.HK) surged over 23% in the afternoon, priced at 1.05 HKD, but trading volume is relatively low, with less than 7 million HKD traded so far. In terms of news, the company announced last Friday evening that considering the current share price is undervalued based on performance, Assets value and Business outlook, the Board of Directors decided on December 20, 2024, to utilize the repurchase authorization and to actively implement the on-market share repurchase plan in response to market conditions. According to the share repurchase plan, the total amount of funds used for repurchasing shares will not exceed 60 million HKD, and the validity period of the share repurchase plan is from the date of this announcement until the date of the next Shareholder annual meeting to be held in 2025.