Weimob chairman increases stake citing AI revenue growth

Weimob chairman and chief executive SUN Taoyong acquired 4 million shares at an average HK$2.44 per share on August 22, increasing his stake to 6.76% of issued shares.

SUN attributed the purchase to confidence in the company's development prospects, citing positive changes including adjusted net profit improvements, better gross profit margins, and new AI-related revenue. He may consider further share purchases.