Victory Giant Technology (Huizhou) Co.,Ltd. (300476.SZ) has issued an announcement stating that the company's board of directors received a letter on October 16, 2026 from Mr. Chen Tao, the company's actual controller and chairman, proposing a share buyback of the company's shares.
Mr. Chen Tao 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 bidding trading.
The total amount of funds for this buyback shall be no less than RMB 150 million and no more than RMB 300 million (both figures inclusive).
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