Tongdao Liepin (06100) announced that the company's board of directors was notified by its company chairman and executive director, Dai Kebin, that he acquired a total of 17.6984 million shares of the company through his controlled entity May Flower Information Technology Co., Limited in the open market from July 10, 2024 to July 16, 2024, at a total cost of HKD 42.6 million, accounting for 3.44% of the total issued shares of the company. The highest and average prices per share of the share purchase were HKD 2.74 and HKD 2.41, respectively. The board of directors has been informed that, subject to applicable laws and regulatory requirements, Mr. Dai may consider further increasing his shareholding in the company at an appropriate time in the future.
Tongdao Liepin (06100) announced that its board of directors was informed by its company chairman and executive director, Dai Kebin, that he acquired a total of 17.6984 million shares of the company through his controlled entity May Flower Information Technology Co., Limited in the open market from July 10, 2024 to July 16, 2024, at a total cost of HKD 42.6 million, accounting for 3.44% of the total issued shares of the company. The highest and average prices per share of the share purchase were HKD 2.74 and HKD 2.41, respectively. The board of directors agrees with Mr. Dai's view that the trading level of the shares significantly undervalued the company's performance. The board of directors also agrees with Mr. Dai's confidence in the company's prospects and intrinsic value, as well as his long-term commitment to the company.
The board of directors has learned that Mr. Dai is confident in the company's future prospects. The board of directors agrees with Mr. Dai's view that the trading level of the shares significantly undervalued the company's performance. The board of directors also agrees with Mr. Dai's confidence in the company's prospects and intrinsic value, as well as his long-term commitment to the company.