Summary by Moomoo AI
On July 9th, 2024, Bai Rong Yun Chuang submitted a new disclosure report, disclosing changes in the issuance or inventory of its shares. The report shows that on July 9th, 2024, the company issued 3,500 Class B common stocks under the 2019 August-approved stock incentive plan, accounting for 0.001% of the company's total issued shares. In addition, the company repurchased shares several times through the Hong Kong Stock Exchange between March 26th and July 9th, 2024, with a total repurchased shares of 946,000, accounting for 0.193% of the issued shares that day. The repurchased shares will be proposed for cancellation. Bai Rong Yun Chuang confirms that all transactions comply with the listing rules of the Hong Kong Stock Exchange and there are no significant changes. The repurchase authorization resolution was passed on June 21st, 2024, and the total number of shares the company can repurchase under the authorization is 49,102,996 shares. After the last repurchase transaction is completed, the company will enter a one-month suspension period for new share issuance, sale or transfer of inventory shares until August 8th, 2024.