CEO: repurchasing 10% of shares and regulation is not related

At 7:00 am on June 2, Beijing time, the B1JUNE conference was held as scheduled, and Babbitt was invited to the scene. After the meeting, Babbitt and three blockchain head media interviewed CEO Brendan Blumer after the meeting. Brendan Blumer said in an interview: Our repurchase has nothing to do with regulation. Last year, we carried out a relatively small repurchase, cleared up some shareholders and brought in new shareholders. We did it again this year, and we plan to do another round of strategic financing at some point, so that we can continue to introduce new investors and ensure that our shareholder list is healthy and strong.