---
title: "TUHU-W: The trustee purchased 11.2844 million Class A shares according to the share plan after the second phase of the initial public offering"
description: "TUHU-W announced that the trustee will purchase 11.2844 million Class A shares from June 25, 2024, to February 14, 2025, according to the share plan following the second phase of the initial public of"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/228504864.md"
published_at: "2025-02-17T04:28:07.000Z"
---

# TUHU-W: The trustee purchased 11.2844 million Class A shares according to the share plan after the second phase of the initial public offering

> TUHU-W announced that the trustee will purchase 11.2844 million Class A shares from June 25, 2024, to February 14, 2025, according to the share plan following the second phase of the initial public offering, with funds coming from the company's internal resources. The board of directors stated that this move demonstrates the company's confidence in its business prospects and aims to attract talent, ensuring that the interests of key employees align with those of the company to achieve long-term sustainable growth

According to the announcement from TUHU-W (09690), in order to further implement the company's strategic goals and achieve the company's long-term value proposition, the trustee will purchase 11.2844 million Class A shares from June 25, 2024, to February 14, 2025, based on the second phase of the post-initial public offering share plan, with funds allocated from the company's internal resources.

The board of directors believes that the purchase of Class A shares under the second phase of the post-initial public offering share plan demonstrates the company's confidence in its business prospects and is also part of our strategy to attract talent and align the interests of key employees with those of the company to achieve the group's long-term sustainable growth

### Related Stocks

- [09690.HK - TUHU-W](https://longbridge.com/en/quote/09690.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
