NEWBORNTOWN Technology Co., Ltd. announced that its restricted stock unit trustee, Three D Partners Limited, purchased an additional 4.452 million shares of the company from the market between December 30, 2024, and January 3, 2025, at an average price of approximately HKD 3.59 per share, for a total consideration of about HKD 15.9712 million. The number of shares purchased accounts for approximately 0.32% of the total shares currently issued by the company. From April 28, 2023, to December 27, 2024, Three D Partners Limited has cumulatively purchased 63.06 million shares from the market. As of the latest announcement date, Three D Partners Limited holds a total of 72.200069 million company shares under the restricted stock unit incentive plan. The Board of Directors stated that the purchase of shares under the current circumstances demonstrates the...Show More

NEWBORNTOWN Technology Co., Ltd. announced that its restricted stock unit trustee, Three D Partners Limited, purchased an additional 4.452 million shares of the company from the market between December 30, 2024, and January 3, 2025, at an average price of approximately HKD 3.59 per share, for a total consideration of about HKD 15.9712 million. The number of shares purchased accounts for approximately 0.32% of the total shares currently issued by the company. From April 28, 2023, to December 27, 2024, Three D Partners Limited has cumulatively purchased 63.06 million shares from the market. As of the latest announcement date, Three D Partners Limited holds a total of 72.200069 million company shares under the restricted stock unit incentive plan. The Board of Directors stated that the purchase of shares under the current circumstances demonstrates the company's confidence in its Business outlook and believes it will ultimately benefit the company and create value for Shareholders. The Board also emphasized that the company’s existing financial resources are sufficient to support the share purchases while maintaining a sound financial position. The Board will continue to review and has the full discretion to decide whether to conduct further share purchases and the appropriate timing for such purchases. The company's executive directors include Liu Chunhe, Li Ping, Ye Chunjian, and Su Jian, while the independent non-executive directors are Gao Ming, Chi Shujin, and Chen Sichao.