Changchuan Technology (300604.SZ) actual controller proposes share repurchase of RMB 50 million to RMB 100 million.

Zhitong Finance APP News, Changchuan Technology (300604.SZ) announced that the company's board of directors received a letter on October 15, 2026, from Mr. Zhao Yi, the company's actual controller, chairman, and general manager, titled "Letter Regarding the Proposal to Repurchase Shares of Hangzhou Changchuan Technology Co., Ltd." Mr. Zhao Yi proposed that the company use its own funds or self-raised funds to repurchase some of its issued RMB ordinary shares (A shares) through the Shenzhen Stock Exchange trading system by way of centralized bidding, with the total repurchase amount not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive), to be used for equity incentives or employee stock ownership plans.