HashKey Holdings Limited announced a share repurchase plan of up to HK$100 million

On June 12, HashKey Holdings Limited (referred to as “HashKey” or “the Company”; Stock Code: 3887) issued a voluntary statement on June 11, announcing that its board of directors has approved using up to HK$100 million of its own cash (excluding proceeds from the Company’s global offering) to repurchase shares on the open market. This share buyback will align with the share repurchase authorization greenlit at the Company’s annual general meeting held earlier that same day. The repurchase will start immediately once the authorization is confirmed and will run until the close of the Company’s next annual general meeting. All repurchases will strictly adhere to the listing rules of The Stock Exchange of Hong Kong Limited, the Takeovers Code, and the Companies Law of the Cayman Islands. The Board of Directors notes that this share repurchase demonstrates the Company’s confidence in its business prospects and future growth. The move is not only aimed at creating long-term value for shareholders but also reflects the Group’s strong financial position—one that allows it to maintain balanced financial resource allocation while executing the buyback. Dr. Xiao Feng, HashKey’s Chairman, Executive Director, and Chief Executive Officer, stated: “We believe the Company’s current share price does not fully reflect the Group’s strategic positioning and growth potential in the Web3 digital financial infrastructure space. This share repurchase plan signals the Board’s confidence in the Company’s long-term value and our commitment to enhancing shareholder returns.”