Summary by Moomoo AI
Friendtimes Limited ("the Company") issued a voluntary announcement on October 9, 2024, announcing that, in accordance with the share incentive plan as disclosed in the announcement on September 14, 2020, the Company has instructed a trust institution ("the Trustee") to purchase company shares in the market. The share purchase activity took place from August 28, 2023, to September 30, 2024, with the total purchased shares exceeding 3.5% of the company's total share capital, of which purchases within the third quarter exceeded 0.47% of the total share capital. The board of directors stated that this action demonstrates the company's confidence in the business outlook, serves as a way to attract and motivate key employees in alignment with the company's interests, and drives the strategy for the group's long-term sustainable development. The announcement was issued by the board of directors represented by Chairman and Executive Director Mr. Jiang Xiaohuang.