NEWBORNTOWN(09911): Further purchase of 10.87 million shares based on the restricted stock unit incentive plan.

NEWBORNTOWN (09911) announced that, between April 28, 2023 and January 10, 2025, Three D Partners Limited purchased a total of 79.232 million shares from the market. Subsequently, between January 13, 2025 and January 17, 2025, Three D Partners Limited further purchased a total of 10.87 million shares from the market based on the share purchase. Three D Partners Limited will hold the purchased shares until they are vested in accordance with the restricted share unit incentive plan. The Board believes that the share purchases demonstrate the company's confidence in its business outlook and prospects, and will ultimately bring benefits to the company and create value for shareholders. The Board believes that the company's existing financial resources are sufficient to support the share purchases while maintaining a strong financial position.