FriendTimes Inc. announced that Warm Sunshine Holdings Limited, wholly owned by Executive Director and Chairman Mr. Jiang Xiaohuang, purchased 1.60 million shares on 26 August 2026 via on-market transactions. The acquisition represents approximately 0.07% of the company’s issued share capital.

Following the purchase, Warm Sunshine’s holding rose to 198.69 million shares, while Mr. Jiang’s total beneficial interest increased to 1.25 billion shares, equating to 57.51% of FriendTimes’ total issued share capital.

The board stated that the additional investment signals the controlling shareholder’s confidence in FriendTimes’ long-term prospects. The company confirmed that the transaction does not trigger a mandatory general offer under Hong Kong’s Takeovers Code and that the public float remains above regulatory thresholds.

FriendTimes will continue to monitor any further changes in the controlling shareholder’s stake and will disclose relevant information in accordance with Hong Kong Listing Rules and other applicable regulations. Shareholders and prospective investors are advised to exercise caution when dealing in the company’s shares.