The board of directors of FRIENDTIMES (06820) has announced that it was informed by Mr. Jiang Xiaohuang, an executive director, chairman of the board, and the company's controlling shareholder, that Warm Sunshine Holdings Limited purchased 3.99 million company shares on the open market on June 26, 2026.

This acquisition represents approximately 0.18% of the company's total issued share capital as of the date of this announcement.

Following this share purchase, the number of shares held by Warm Sunshine increased from about 191 million shares to 195 million shares.

Consequently, the number of shares in which Mr. Jiang Xiaohuang holds an interest rose from approximately 1.246 billion shares to 1.25 billion shares, constituting about 57.34% of the company's total issued share capital as of the announcement date.

The board of directors views this share purchase as a demonstration of the controlling shareholder's strong confidence in the company's long-term development and future prospects.