Summary by Moomoo AI
Bairong Yun Chuang (Bairong Yun-W) submitted a new next-day disclosure report on November 6, 2024, disclosing changes in issued shares or treasury shares. According to the report, the company issued 30,000 Class B common shares on November 6, 2024, accounting for 0.006% of the existing issued shares. In addition, between March 26, 2024, and November 5, 2024, the company conducted multiple share repurchase activities, repurchasing a total of 13,791,500 shares, accounting for 2.809% of the shares issued on that day. The repurchased shares are intended to be cancelled. Bairong Yun Chuang confirmed that all issuance of shares or treasury shares sales or transfers have been formally authorized and approved by the board of directors, and conducted in compliance with all applicable listing rules, laws, and other regulatory requirements. The repurchase authorization resolution was passed on June 21, 2024, and on November 6, 2024, 197,000 shares were repurchased at the Hong Kong Stock Exchange for a total price of 1,992,025 Hong Kong dollars.
