D<\/i><\/b>e<\/i><\/b>mon<\/i><\/b>strating <\/i><\/b>Long-term Confidence of Yeahka’s Business Prospects<\/i><\/b><\/p>\n
HONG KONG<\/span>, Aug. 27, 2023<\/span> \/PRNewswire\/ — The Board of Yeahka Limited (“Yeahka” or the “Company,” Stock Code: 9923.HK) is pleased to approve an additional amount of US$100 million<\/span> for on-market share repurchase and RSU share purchase (the “Share Repurchase Plan<\/b>“), illustrating strong confidence of the company’s business long-term prospects.<\/p>\n As disclosed in the Company’s results announcement dated August 24, 2023<\/span>, the Company has achieved solid growth as its businesses benefited from the recovery in domestic consumption. In particular:<\/p>\n With a solid growth of all business lines, the Company maintains a strong cash flow and finance the Share Repurchase Plan, demonstrating the confidence in the company’s long-term value and commitment to creating value for shareholders.<\/p>\n About YEAHKA LIMITED (Stock Code: 9923.HK)\n
<\/b>Yeahka is a leading payment-based technology platform dedicated to creating value for merchants and consumers. Our goal is to build an independent and scalable commercial digitalized ecosystem to enable seamless, convenient, and reliable payment services to merchants and consumers, and to further expand into serving merchants and consumers with our diversified product portfolio, which now includes (i) in-store e-commerce services, providing consumers with local lifestyle services of great value, and (ii) merchant solutions, enabling merchants to better manage and drive business growth.<\/p>\n