Core Viewpoint - The company, Tongdao Liepin, has initiated a share buyback program, reflecting management's confidence in its future prospects and aiming to enhance shareholder value by reducing the number of outstanding shares [3][4]. Group 1: Share Buyback Details - On December 18, the company repurchased 552,000 shares at an average price of HKD 3.92 per share, totaling approximately HKD 2.17 million [1]. - The total shares repurchased this year amount to 6.02 million, representing 1.18% of the total share capital [1]. - The company's stock price closed at HKD 3.95 per share, down 0.75% on the same day [2]. Group 2: Financial Performance - As of June 2023, the company reported revenue of RMB 1.375 billion and an adjusted net profit of RMB 149 million, with cash flow reaching RMB 2.86 billion [4]. - The company has over 1.1 million certified corporate users and more than 78 million individual users on its platform [4]. - The company maintains approximately 30% market share in the high-end talent recruitment sector, leveraging big data and AI technology [4].