Core Viewpoint - Meitu has initiated a significant stock buyback program, reflecting the company's confidence in its business prospects and long-term development [1][2]. Stock Buyback Details - On February 20, Meitu repurchased 2.057 million shares at a price range of HKD 6.04 to HKD 6.10, totaling approximately HKD 12.508 million [1][2]. - This marks the second stock buyback in February, following a previous buyback on February 16, where Meitu spent HKD 20.015 million to repurchase 3.217 million shares at an average price of HKD 6.222 [1][2]. - Since the start of the buyback program, Meitu has repurchased a total of 5.274 million shares for over HKD 32.52 million, the first large-scale buyback since 2020 [1][2]. Financial Outlook - Meitu is set to release its full-year results for 2025 on March 27, with an expected adjusted net profit growth of approximately 60% to 66% year-on-year [1][2]. Product Development and Market Expansion - Goldman Sachs notes that Meitu's products are evolving from beauty tools to AI image and video generation and editing applications, expanding from the consumer entertainment sector to productivity [1][2]. - The firm expresses optimism about the high revenue potential in the AI imaging sector and Meitu's competitive advantage in meeting user needs in specific scenarios [1][2].
美图启动规模性回购：两轮斥资3252万港元 回购527.4万股