PHANCY(06682): The trustee has purchased a total of 1.2 million shares according to the restricted share unit plan.
Fan Shi Intelligent (06682) announced that the board of directors has authorized the appointment of an independent professional trustee to manage the restricted share unit plan for H shares. According to the plan rules, the trustee purchased 500,000 H shares at the prevailing market price on June 18, 2026. From June 22, 2026 to June 24, 2026, the trustee purchased an additional 700,000 H shares on the stock exchange. As of the date of this announcement, the trustee has purchased a total of 1.2 million H shares on the stock exchange since June 18, 2026.
PHANCY (06682) announced that the board has authorized the appointment of an independent professional trustee to manage the restricted share unit plan for H shares. According to the plan rules, the trustee has purchased 500,000 H shares on the market on June 18, 2026. From June 22, 2026 to June 24, 2026, the trustee purchased 700,000 H shares on the market. As of the date of this announcement, the trustee has purchased a total of 1.2 million H shares on the market.
The board believes that the current market price of the company's H shares is undervalued and does not fully reflect the long-term value and growth potential of the group as a leading Chinese AI full-stack cloud platform. Therefore, purchasing H shares as part of this plan presents a good opportunity for future rewards under the plan. The company is confident in the long-term development prospects of the group. This plan is not only an effective tool for retaining and attracting excellent talents, but also integrates talent development with shareholder long-term value creation by motivating the core team. This will provide sustained and strong momentum for the group to maintain its industry-leading position in the AI 2.0 era.
Related Articles

US Stock Market Move | Dingdong (Cayman) Ltd. Sponsored ADR Class A (DDL.US) rose nearly 5%, with fresh and convenient vegetable sales increasing by over 70% year-on-year from January to May.

Jiangsu Lopal Tech. Group (02465): Abnormal fluctuations in A-share stock trading confirm the absence of major events or information that should be disclosed but have not been disclosed.

US Stock Market Move | Uber Technologies, Inc. (UBER.US) rose by 6% as Uber Eats platform added several new retail partners.
US Stock Market Move | Dingdong (Cayman) Ltd. Sponsored ADR Class A (DDL.US) rose nearly 5%, with fresh and convenient vegetable sales increasing by over 70% year-on-year from January to May.

Jiangsu Lopal Tech. Group (02465): Abnormal fluctuations in A-share stock trading confirm the absence of major events or information that should be disclosed but have not been disclosed.

US Stock Market Move | Uber Technologies, Inc. (UBER.US) rose by 6% as Uber Eats platform added several new retail partners.

RECOMMEND





