Core Viewpoint - The company, Friendship Time (06820), announced that trustees purchased shares amounting to approximately 0.4% of the total share capital under the share award plan during the fourth quarter of 2025 [1] Group 1: Share Purchase Details - From August 28, 2023, to December 19, 2025, trustees are expected to purchase shares totaling about 4.1% of the company's total share capital under the share award plan [1] Group 2: Strategic Implications - The board believes that the share purchases under the award plan demonstrate confidence in the company's business outlook and prospects [1] - The share award plan is part of a strategy to attract talent and align the interests of key employees with those of the company, promoting long-term sustainable growth [1]

Core Viewpoint - The company, Friendship Time (06820), announced that the trustee will purchase shares under the share award scheme, amounting to approximately 0.4% of the total issued share capital in the fourth quarter of 2025 [1] - From August 28, 2023, to December 19, 2025, the trustee is expected to accumulate purchases totaling about 4.1% of the company's total issued share capital [1] - The board believes that the share purchases under the scheme demonstrate confidence in the company's business outlook and serve as a strategy to attract talent and align the interests of key employees with the company's goals for sustainable long-term growth [1] Summary by Categories Share Purchase Details - The trustee will purchase shares representing approximately 0.4% of the total issued share capital in Q4 2025 [1] - Cumulatively, from August 28, 2023, to December 19, 2025, the trustee will acquire shares amounting to about 4.1% of the total issued share capital [1] Strategic Implications - The board views the share purchases as a demonstration of confidence in the company's business outlook and future prospects [1] - The initiative is part of a strategy to attract talent and align the interests of key employees with the company's objectives, promoting long-term sustainable growth [1]

Core Viewpoint - The company, Friendship Time (06820.HK), announced a share buyback plan under its share award scheme, indicating confidence in its business outlook and strategy for sustainable growth [1] Group 1: Share Buyback Details - The trustee will purchase shares amounting to approximately 0.4% of the company's total share capital by the fourth quarter of 2025 [1] - From August 28, 2023, to December 19, 2025, the trustee is expected to accumulate shares representing about 4.1% of the company's total share capital [1] Group 2: Strategic Implications - The board believes that the share buyback under the share award plan demonstrates confidence in the company's business prospects [1] - This initiative is part of a strategy to attract talent and align the interests of key employees with those of the company, promoting long-term sustainable growth [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 FriendTimes Inc. （於開曼群島註冊成立的有限公司） 友 誼 時 光 股 份 有 限 公 司 （股份代號：6820） 自願性公告 就股份獎勵計劃購買股份 本公告為友誼時光股份有限公司（「本公司」）刊發之自願性公告，讓公眾人士知悉 本公司最新資料。 茲 提 述本 公 司 日期 為 2020 年 9 月 14 日 的 公 告（「該 公告」）， 內 容 有關 採 納 股 份獎 勵 計劃（「股份獎勵計劃」）。除另有所述者外，本公告所用詞彙與該公告所界定者具 有相同涵義。 根據股份獎勵計劃及本公司與信託機構（「受託人」）訂立的信託安排，本公司可指 示受託人直接或間接於市場購買本公司股份（「股份」）。 董事會欣然宣佈，於2025年第四季度內，受託人根據股份獎勵計劃累計購買股份 約佔本公司總股本的0.4 %。自2023年8月28日起至20 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 友誼時光股份有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06820 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: 友誼時光股份有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年11月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06820 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | | 50,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | | 50,000 | 本月底法定 ...

Core Insights - In October 2025, the National Press and Publication Administration approved a total of 159 domestic online games [1] Group 1: Approved Games - Notable approved games include Tencent's "Ba Huang Qi Lu," 37 Interactive Entertainment's "Survival for 33 Days," Zulong Entertainment's "Cloud Dream Westward," and Friendship Time's "Firefly Expedition" [1]

Core Insights - In October 2025, the National Press and Publication Administration approved a total of 159 domestic online games [1] Company Highlights - Tencent's game "Ba Huang Qi Lu" was among the approved titles [1] - 37 Interactive Entertainment's game "Survival for 33 Days" received approval [1] - Zulong Entertainment's "Cloud Dream West Journey" was also approved [1] - Friendship Time's game "Firefly Expedition" gained approval [1]

Core Insights - The Chinese gaming industry is experiencing a high prosperity cycle, with 159 domestic games approved in October, indicating strong demand and supply dynamics [1][2] - The A-share gaming sector has shown significant growth, with the Shenwan secondary gaming index up approximately 66% year-to-date, ranking eighth among all Shenwan secondary industries [2] - The approval of new game titles, including major releases from Tencent and other listed companies, suggests ongoing innovation and market expansion [1][4][5] Domestic Game Approvals - In October, 159 domestic games received approval, with 73 categorized as mobile-casual and 70 as mobile games [1] - Notable titles include Tencent's "八荒奇旅," 37 Interactive's "生存33天," and others from companies like ST中青宝 and 祖龙娱乐 [1][4] Import Game Approvals - Seven new imported games received approval in October, including "蜡笔小新" from 游族网络 [2] - The total number of game approvals for the year has reached 1,441, maintaining a steady monthly issuance rate [2] Market Performance - The gaming sector has seen substantial stock price increases, with companies like 巨人网络 and 吉比特 experiencing over 210% and 110% growth, respectively [2] - The current valuation of the gaming sector remains attractive, prompting recommendations for increased investment [2] Future Growth Projections - Omdia forecasts that the total revenue from gaming subscriptions in the Asia-Pacific region will grow from $6.5 billion in 2025 to $9.4 billion by 2029, outpacing global averages [3] - The domestic self-developed online gaming market saw a 19% year-on-year growth in the first half of the year, indicating a robust recovery and innovation cycle [3] Company Performance Highlights - Tencent reported a revenue of 364.53 billion yuan in the first half of the year, with a 13.7% year-on-year increase, driven by its gaming and social services segment [4] - 祖龙娱乐 achieved a revenue of 634 million yuan in the first half of 2025, a 44.4% increase compared to the previous year, attributed to new game launches [4] - 友谊时光's revenue reached 623 million yuan, marking an 18.5% increase, with a significant turnaround in profitability [5] - 网易 reported a net income of 56.72 billion yuan, with gaming-related services showing a 13.7% year-on-year growth [6]

截至月份: 2025年9月30日 狀態: 新提交 FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 致：香港交易及結算所有限公司 公司名稱: 友誼時光股份有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年10月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06820 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | | 50,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 USD | | 50,000 | 本月底法定/ ...