FRIENDTIMES (06820) gains 792,000 shares from controlling shareholder Jiang Xiaohuang.

FRIENDTIMES (06820) announces that the board of directors has been informed by Mr. Jiang Xiaohuang (executive director, chairman of the board, and controlling shareholder of the company) that Warm Sunshine Holdings Limited (Warm Sunshine) purchased 792,000 shares of the company on the open market on June 29, 2026, representing approximately 0.04% of the company's issued share capital as of the date of this announcement. Following the purchase, Warm Sunshine's number of shares held increased from 195 million shares to 196 million shares. Following the purchase of shares, Mr. Jiang's equity holdings increased from 1.25 billion shares to 1.25 billion shares, representing approximately 57.38% of the company's issued share capital as of the date of this announcement. The board of directors believes that the share purchase demonstrates the controlling shareholder's confidence in the company's long-term development and prospects.