Summary by Futu AI
Newborntown Technology Limited announced its plan to purchase shares on April 27, 2023, and between April 28, 2023, and October 25, 2024, a total of 45,248,000 shares were purchased from the market by Three D Partners Limited. Additionally, on November 7 and 8, 2024, Three D Partners Limited purchased an additional 1,068,000 shares at an average price of about 3.73 Hong Kong dollars per share, with a total price of approximately 3,984,268.40 Hong Kong dollars. The company stated that this demonstrates confidence in the business prospects and will create value for shareholders. The board of directors will continue to review and decide whether to pursue further share purchases. As of the announcement date, Newborntown Technology's executive directors include Liu Chunhe, Li Ping, Ye Chunjian, and Su Jian, with independent non-executive directors Gao Ming, Chi Shujin, and Huang Sichen.