FriendTimes Inc. announced that executive director and chairman Jiang Xiaohuang, acting through his wholly-owned vehicle Warm Sunshine Holdings Limited, acquired 792,000 shares on 29 June 2026.

The open-market transaction lifted Warm Sunshine’s holding from 195.06 million to 195.86 million shares and increased Jiang Xiaohuang’s aggregate interest in FriendTimes to 1.25 billion shares, or 57.38% of the issued share capital. The purchased shares represent approximately 0.04% of the company’s outstanding equity.

According to the board, the move signals the controlling shareholder’s confidence in FriendTimes’ long-term prospects. The company confirmed that the public float requirement remains satisfied and that the purchase does not trigger a mandatory general offer under Hong Kong’s Takeovers Code.

FriendTimes stated it will monitor any further share accumulations by the controlling shareholder and disclose information in accordance with the Listing Rules, Inside Information Provisions and Takeovers Code. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.