WannaBot: Plans to repurchase H shares worth no more than 500 million Hong Kong dollars for equity incentives.
Woan Robot has released a voluntary announcement, with the company planning to further purchase H shares in the market based on the H share incentive plan, to be used for future reward shares. The announcement reveals that the board of directors believes that the company's H share valuation is undervalued, and the current market price does not fully reflect the fundamentals and long-term growth potential, presenting an appropriate opportunity to reserve reward shares; the company is currently expecting to conduct this share purchase at a total cost not exceeding 500 million Hong Kong dollars. In terms of background, this plan has been approved by the board of directors and shareholders' meeting, and a trustee has been appointed to manage; this buyback is a further implementation arrangement following the relevant announcements on March 24, 27, April 2, 22, June 11, and June 16,2026. This buyback will help optimize the ownership structure, enhance the stability of the core team, and convey management's confidence in the company's long-term value to the market; if the subsequent share price continues to be undervalued, the company may consider providing additional funding to support the implementation of the plan as needed.
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