Summary by Futu AI
Newborntown purchased a total of 48,996,000 shares from the market through Three D Partners Limited from April 28, 2023, to November 15, 2024. Subsequently, from November 18, 2024, to November 22, 2024, Three D Partners Limited further purchased 2,636,000 shares. These shares will be held under the restricted share unit incentive plan until they vest. The board of directors stated that this share purchase reflects the company's confidence in its business outlook and prospects, and it is expected to ultimately benefit the company and create value for shareholders. The company's existing financial resources are sufficient to support this share purchase while maintaining a sound financial condition. The total number of shares purchased is 2,636,000, accounting for approximately 0.22% of the currently issued shares, with an average price per share of about HKD 3.76, totaling approximately HKD 9,918,605.60. The remaining shares held by Three D Partners Limited under the restricted share unit incentive plan amount to 56,320,069 shares. The board of directors will periodically review and have full discretion to decide on any further share purchases by Three D Partners Limited.