On June 15, GCL Technology rose 5.48% in regular trading, trading at 0.77 HKD/share, with turnover of approximately 45.31 million HKD.

The rally was driven by continued insider buying under a management share purchase plan. The company previously announced that Chairman Zhu Gongshan, all executive directors, and approximately 30 core management members plan to acquire shares with personal funds between June 11 and June 30, with a total consideration capped at 100 million HKD. Executive Director Yang Wenzhong has already purchased 4 million shares at an average price of 0.77 HKD on June 11, spending approximately 3.08 million HKD.

Simultaneously, the company has conducted aggressive buybacks, repurchasing a combined approximately 202 million shares on June 9 and 10, spending nearly 149 million HKD. The board stated the buyback plan reflects the management team's firm confidence in the group's long-term development prospects and company value. The stock had previously declined over 30% in three months, with the management actions providing a floor for the depressed share price.

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