NEWBORNTOWN Technology Limited repurchased 2,108,000 shares from the market through Three D Partners Limited between December 23 and 27, 2024, at an average price of about HKD 3.84 per share, totaling about HKD 8.09 million. This buyback accounts for approximately 0.18% of the company's currently issued share capital.From April 28, 2023, to December 27, 2024, the company has cumulatively repurchased 63,060,000 shares. Three D Partners Limited currently holds 67,748,069 shares under the restricted share unit incentive plan. The Board of Directors stated that this move demonstrates the company's confidence in its business prospects and is expected to bring benefits to the company and create value for shareholders.The Board of Directors believes that the company's existing financial resources are sufficient to support share repurchases while maintaining a sound financial...Show More

NEWBORNTOWN Technology Limited repurchased 2,108,000 shares from the market through Three D Partners Limited between December 23 and 27, 2024, at an average price of about HKD 3.84 per share, totaling about HKD 8.09 million. This buyback accounts for approximately 0.18% of the company's currently issued share capital.From April 28, 2023, to December 27, 2024, the company has cumulatively repurchased 63,060,000 shares. Three D Partners Limited currently holds 67,748,069 shares under the restricted share unit incentive plan. The Board of Directors stated that this move demonstrates the company's confidence in its business prospects and is expected to bring benefits to the company and create value for shareholders.The Board of Directors believes that the company's existing financial resources are sufficient to support share repurchases while maintaining a sound financial position. The company will review from time to time and has the discretion to decide whether to conduct further share repurchases. This share purchase is made under the previously announced restricted share unit incentive plan, and the repurchased shares will be held by Three D Partners Limited until they vest according to the plan.