董事会认为，场内交易股份的价值被严重低估，股份现时的成交价未能反映内在价值。公司目前的财务状况和业务状况良好，有充足的财务资源使公司有能力在进行股份购回计划的同时维持集团业务快速发展。董事会相信，股份购回可提升股份的价值，从而提高股东的回报。Gelonghui announced on January 6: Chuangmeng Tiandi (01119.HK). The board of directors has noticed recent fluctuations in the company's share price and trading volume. The Company hereby informs shareholders and potential investors that as of the date of this announcement, all business operations of the Group are normal.
The introduction and distribution of overseas boutique games is an important business model for the company and is the cornerstone of the company's steady operation. The company launched “Mecha Team” in January 2024, and “Legend Store” was launched in December of the same year, with excellent performance. The company has also stocked a variety of products that have already been signed, and plans to launch them one after another during the year and 2026, injecting impetus into the company's continuous development. Self-developed games also continue to be launched with high quality, bringing growth support to the company. Since its global launch on November 22, 2024, the PC version of “Kalapicchu” has been favored by users around the world. In particular, it has performed well in the top ten weekly Steam sales list in Japan for four consecutive weeks (ranked by revenue), and has exceeded the target in terms of user activity and commercialization. Currently, all tasks such as R&D, marketing, and operation of “Carapicchu” are being carried out in an orderly manner, and the mobile game and console terminals are scheduled to be launched globally within the year. The company's operations continue to improve, and the board of directors is confident about the company's future development prospects.
According to the repurchase authorization of the 2023 Annual General Meeting of Shareholders, the maximum number of shares allowed to be repurchased by the Company is 156,999,994 shares, accounting for 10% of the total number of shares issued by the Company on the day the 2023 Annual General Meeting of Shareholders was held. The company plans to repurchase shares in accordance with the repurchase authorization of the 2023 Annual General Meeting of Shareholders. The total share repurchase amount shall not exceed HK$0.2 billion.
The board of directors believes that the value of shares traded on the market is seriously undervalued, and that the current transaction price of shares does not reflect the intrinsic value. The company's current financial situation and business conditions are good, and it has sufficient financial resources to enable the company to maintain the rapid development of the Group's business while carrying out share repurchase plans. The Board believes that share buybacks can enhance the value of shares, thereby increasing shareholder returns.
