Summary by Futu AI
Ming Yuan Cloud Group Holdings Limited submitted a next-day disclosure report to the Hong Kong Stock Exchange on September 20, 2024, disclosing the changes in its issued shares or treasury shares. The report shows that Ming Yuan Cloud repurchased and intends to cancel a total of 26,967,000 common shares through the Hong Kong Stock Exchange from August 28, 2024 to September 20, 2024, accounting for 1.3709% of the issued shares (excluding treasury shares). The repurchased shares have not yet been cancelled, and the repurchase price ranges from HKD 1.6953 to HKD 1.9292 per share. After the repurchase, the total number of issued shares of the company remains at 1,946,468,020 shares, with 12,316,000 treasury shares. According to the regulations, Ming Yuan Cloud is not allowed to issue any new shares or resell or transfer treasury shares within 30 days after the share repurchase, until October 20, 2024. CEO Gao Yu confirmed that all share repurchases have been approved by the board of directors and comply with relevant listing rules and regulations.