Summary by Futu AI
The Group filed a Next Day Disclosure Report on February 20, 2024, disclosing the changes in its issued share capital. The report showed that between January 31 and February 20, 2024, MEI exercised vesting rights by employees (excluding directors) through its Employee Share Incentive Scheme, resulting in thousands of shares in Class B ordinary shares, but these changes had a slight impact on the total number of shares issued by the company by less than 0.01%. In addition, the Company repurchased and cancelled approximately 4400 million shares of Class B Ordinary Shares during the same period, representing 0.707% of the issued shares. At the same time, there is a conversion of Class A Ordinary Shares to Class B Ordinary Shares. MEI confirms that all share issues have been approved by the Board of Directors and have complied with the relevant requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.