Summary by Futu AI
Newborntown Technology Limited ("the Company") announced on April 27, 2023, its plan to purchase shares, and purchased a total of 37,312,000 shares from the market through Three D Partners Limited between April 28, 2023, and October 4, 2024. In addition, between October 8, 2024, and October 18, 2024, Three D Partners Limited purchased an additional 4,836,000 shares. The company stated that this demonstrates confidence in the future business prospects and will create value for shareholders. After the share purchases, Three D Partners Limited holds a total of 46,836,069 shares. The average purchase price per share is HK$3.23, with a total consideration of approximately HK$15,600,918.60. The Board of Directors will continue to review and decide whether to proceed with further share purchases. The Company's Board of Directors includes Executive Directors Mr. Liu Chunhe, Mr. Li Ping, Mr. Ye Chunjian, Mr. Su Jian, as well as Independent Non-Executive Directors Mr. Gao Ming, Mr. Chi Shujin, and Mr. Huang Sichen.