On November 26, 2024, Bai Rongyun Corporation completed the repurchase of 430,000 shares on the Hong Kong Stock Exchange, with a repurchase price ranging from HKD 9.15 to 9.45 per share, for a total of approximately HKD 3,991,370. The shares repurchased will be written off without holding shares in stock. The repurchase is pursuant to the Repurchase Authorization passed on June 21, 2024, which authorizes the repurchase of up to 49,102,996 shares of common stock.As of November 26, 2024, the total number of issued shares in Bai Rong Yunchao was 491,365,586 shares, comprising 77,208,112 shares of Class A Ordinary Shares and 414,157,474 Shares of Class B Ordinary Shares. Following the repurchase, Bai Rong Yunchao confirms that it has complied with all applicable listing rules and legal requirements and has been formally authorized by...Show More

On November 26, 2024, Bai Rongyun Corporation completed the repurchase of 430,000 shares on the Hong Kong Stock Exchange, with a repurchase price ranging from HKD 9.15 to 9.45 per share, for a total of approximately HKD 3,991,370. The shares repurchased will be written off without holding shares in stock. The repurchase is pursuant to the Repurchase Authorization passed on June 21, 2024, which authorizes the repurchase of up to 49,102,996 shares of common stock.As of November 26, 2024, the total number of issued shares in Bai Rong Yunchao was 491,365,586 shares, comprising 77,208,112 shares of Class A Ordinary Shares and 414,157,474 Shares of Class B Ordinary Shares. Following the repurchase, Bai Rong Yunchao confirms that it has complied with all applicable listing rules and legal requirements and has been formally authorized by the Board of Directors. In the next 30 days, Bai Rongyuo will suspend the issuance of new shares or the sale of stock shares.The repurchase activity was confirmed by the Executive Director, Chairman and Chief Executive Officer Zhang Shaofeng and has been disclosed pursuant to the Main Board Listing Rules and the GEM Listing Rules.