Summary by Moomoo AI
Friendtimes Co., Ltd. ('Friendtimes') voluntarily announced on July 23, 2024 that its controlling shareholder, Mr. Jiang Xiaohuang, had accumulated approximately 0.19% of the company's shares through Eternal Heart Holdings Limited from July 12 to 18, 2024 in the open market. The total number of shares purchased was 4,086,000. After the purchase, Eternal Heart Holdings Limited's shareholding increased to 941,774,116 shares, and Mr. Jiang Xiaohuang's shareholding ratio increased from the original 59.00% to approximately 59.19%. The board of directors stated that this move reflects the confidence of the controlling shareholder in the long-term development and prospects of Friendtimes. The announcement also pointed out that after the share purchase, the company still maintains sufficient public shareholding, and the transaction does not trigger mandatory general offer obligations. The company will continue to monitor the controlling shareholder's shareholding situation and will disclose information in a timely manner in accordance with relevant laws and regulations.
