According to the Zhitong Finance App, Jinyong Investment (01328) announced that on May 29, 2024, Redwood, a wholly-owned subsidiary of the company, purchased a further 1,114,000 shares of Meitu shares at a total cost of about HK$3.109 million (not including transaction costs) through in-market transactions carried out on the Stock Exchange, which is equivalent to about HK$2.79 per Meitu share.

Taking into account the purchase, Redwood purchased a total of 13.9585 million Meitu shares between March 1, 2024 and May 29, 2024 (including the first and last two days), at a total cost of approximately HK$38.919 million (not including transaction costs), which is equivalent to approximately HK$2.79 per share of Meitu shares.

Following these purchases, the Group held a total of 13.9585 million Meitu shares, accounting for approximately 0.31% of the total shares issued by Meitu on the date of this announcement.