Changxin Technology (688825.SH) has announced that the company's board of directors received a letter from Chairman Mr. Zhu Yiming on October 16, 2026, proposing a share repurchase of the company's shares.
Mr. Zhu Yiming proposed that the company use its own funds or self-raised funds to repurchase a portion of its already-issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange stock trading system via centralized bidding trading.
The total repurchase amount shall be no less than RMB 1 billion (inclusive) and no more than RMB 2 billion (inclusive).
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