Chairman of Shanghai Orient-Chip Technology (688061.SH) proposes to repurchase company shares with a total amount ranging from 16 million to 32 million RMB.
Canrui Technology (688061.SH) announced that the Board of Directors received a letter from Mr. Luo Liquan, the actual controller and chairman of the company, on April 10, 2026, proposing the repurchase of the company's shares. Mr. Luo proposed that the company repurchase its shares through the Shanghai Stock Exchange trading system by way of centralized bidding trading using its own funds and repurchase specific loans. The total amount of funds to be repurchased is not less than RMB 16 million (inclusive) and not more than RMB 32 million (inclusive). The sources of the repurchase funds are from its own funds and repurchase specific loans, with the amount of repurchase specific loans not exceeding RMB 28.8 million.
Shanghai Orient-Chip Technology (688061.SH) announced that on April 10, 2026, the company's board of directors received a proposal letter from Mr. Luo Liquan, the actual controller and chairman of the company, regarding the repurchase of company shares. Mr. Luo proposed that the company repurchase its own shares through the Shanghai Stock Exchange trading system using its own funds and a special repurchase loan, through centralized bidding trading, with the total amount of repurchased funds not less than RMB 16 million (inclusive) and not more than RMB 32 million (inclusive). The source of the repurchase funds will be from its own funds and a special repurchase loan, with the loan amount not exceeding RMB 28.8 million.
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