The board chairman of EDDING GENOR (HKEX: 06998) has announced his intention to purchase more of the company's shares.
Ni Xin, who serves as the Group's Board Chairman, Executive Director, and Chief Executive Officer, has expressed his confidence in the company's future growth prospects and his recognition of its long-term investment value.
Subject to compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and other applicable laws and regulations, he plans to use his personal funds to acquire additional company shares on the open market.
The share purchases are scheduled to commence from June 2026 and will continue until the start of the blackout period preceding the release of the Group's interim results for the six months ending June 30, 2026.
The total amount of the intended purchases is expected to be up to US$1 million.
Comments