Summary by Moomoo AI
A FRIEND HOLDINGS LIMITED (THE “COMPANY”) ISSUED A VOLUNTARY ANNOUNCEMENT ON APRIL 15, 2024 DISCLOSING ITS FIRST QUARTER RESULTS FOR 2024. The Company and its subsidiaries (the “Group”) achieved a total merchandise transaction volume (GMV) of approximately RMB24.32 billion in the first quarter of 2024, an increase of approximately 25% year-on-year. The Group is a full-media service provider in China focused on providing full-service video application services to new media platforms, industry customers and broadcasters, including live streaming, video content production, product sales and operation. The announcement states that the disclosed data is based on the Board's preliminary review of unaudited operating data and has not been reviewed or audited by auditors, for reference only. Shareholders and potential investors should exercise caution and should not rely too heavily on such information. The announcement was made by the Chairman of the Company, Mr. Li Chun, on behalf of the Board of Directors.