DTECH Shares Rise Over 3% as Chairman Proposes A-Share Buyback of 50 Million to 100 Million Yuan

Stock News10:32

DTECH (01377) shares rose over 3%, trading at 2.29% higher at HK$196.3 as of press time, with a turnover of HK$12.5978 million.

On the news front, on October 20, DTECH announced that the company's board of directors received a letter on October 18, 2026 from Ms. Wang Xin, one of the company's actual controllers and the chairman, proposing the repurchase of the company's shares. Ms. Wang Xin proposed that the company repurchase a portion of its already-issued RMB ordinary shares (A-shares) through the Shenzhen Stock Exchange trading system via centralized competitive bidding.

The total amount of funds for this repurchase shall be no less than RMB 50 million and no more than RMB 100 million (both inclusive). The specific number of shares to be repurchased and the proportion thereof to the company's total share capital shall be subject to the actual situation at the expiration of the repurchase period.

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