Woto-W (09690.HK): Market share repurchase and purchase of shares according to the second phase of the initial public offering plan.

Smart Financial APP news, Tuhu-W (09690.HK) announced that the Board of Directors has decided to repurchase the company's Class A common stock (Class A shares) in the open market, and to provide funds to the trustee under the Company's second public offering plan (existing shares) (Second Public Offering Plan) to purchase Class A shares, with a total amount not exceeding HK$1.5 billion (total amount).