KUAISHOU-W (01024) cancelled 1,981,500 repurchased shares.

KUAISHOU-W (01024) announced that on February 28, 2025, the company cancelled 1.9815 million repurchased shares. On the same day, 14.82 million shares were issued due to the exercise of options under the first employee share ownership plan (adopted on February 6, 2018), and 34.01 million shares were converted from Class A ordinary shares to Class B ordinary shares.