Bestechnic (Shanghai) Co., Ltd. (688608.SH) proposed to repurchase company shares for 50 million to 100 million yuan.

Hengxuan Technology (688608.SH) announced that the company's controlling shareholder, actual controller, and chairman Liang Zhang proposed that the company use its own funds to repurchase a portion of its issued ordinary shares (A-shares) through a centralized bidding trading method on the Shanghai Stock Exchange trading system. The repurchased shares will be used in their entirety for employee shareholding and/or equity incentive plans at an appropriate time in the future. The repurchase price will not exceed 150 yuan per share. The total amount of funds for the repurchase will not be less than 50 million yuan (inclusive) and not more than 100 million yuan (inclusive).