Summary by Futu AI
Ming Yuan Cloud Group Holdings Limited submitted the disclosure report on September 17, 2024, disclosing its shareholding changes. The report shows that Ming Yuan Cloud repurchased shares in compliance with the regulations of the Hong Kong Stock Exchange from August 28, 2024, to September 17, 2024, and plans to cancel these shares. The total number of repurchased shares is 400,000, with a repurchase price per share ranging from HKD 1.72 to HKD 1.78, and a total payment price of HKD 706,172.85. In addition, the company confirms that all share transactions have been authorized by the board of directors and comply with relevant listing rules and regulations. The repurchase activities were carried out based on the repurchase authorization passed on May 10, 2024, which allows the company to repurchase up to 196,709,502 shares. As of the reporting date, the company has repurchased 25,891,000 shares in accordance with the authorization, accounting for 1.3162% of the issued shares on that day. Within 30 days after the repurchase, the company will not engage in any new share issuance or resale or transfer of treasury shares.
