<div id="readability-page-1">Beijing Fourth Paradigm Technology Co. Ltd. Class H ( (HK:6682) ) just unveiled an update.Phancy Group Co., Ltd. has authorized its independent trustee to buy back H shares on the open market under its H-Share RSU Scheme, citing what it sees as an undervalued share price and confidence in the company’s long-term growth prospects. Management says the repurchased shares will be used for future equity awards aimed at reinforcing its leadership in China’s AI 2.0 sector and deepening ties between core talent development and shareholder value.On June 18, 2026, the trustee acquired 500,000 H shares, representing about 0.09% of the company’s issued share capital, at an average price of HK$27.52 for a total outlay of roughly HK$13.76 million. The 500,093 ungranted H shares now held under the scheme will be granted over time at the board’s discretion, with vesting conditions set to support long-term incentives for eligible employees and strengthen the firm’s competitive position.<div> More about Beijing Fourth Paradigm Technology Co. Ltd. Class H Phancy Group Co., Ltd., formerly known as Beijing Fourth Paradigm Technology Co., Ltd., is a leading full-stack AI cloud platform provider in China focusing on AI 2.0 applications. The company positions itself as an industry leader and uses equity-based incentives to attract and retain talent while aligning employee interests with long-term shareholder value. Average Trading Volume: 6,900,072 Technical Sentiment Signal: Sell Current Market Cap: HK$15.68B </div></div>

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Phancy Group (HK:6682) authorized its trustee to buy back H shares for its RSU scheme, citing undervaluation and confidence in long-term growth. On June 18, 2026, the trustee acquired 500,000 shares at an average price of HK$27.52, totaling approximately HK$13.76 million. These shares will be used for equity awards to attract AI talent and reinforce the company's leadership in China’s AI 2.0 sector.

Phancy Group Buys Back H Shares for RSU Scheme to Bolster AI Talent Strategy