Changxin Technology (688825.SH) Chairman Zhu Yiming proposes repurchasing 1 billion to 2 billion yuan of the company's shares.

Zhitong Finance APP News, Changxin Technology (688825.SH) announced that the company's board of directors received a letter on October 16, 2026 from Mr. Zhu Yiming, Chairman of the company, titled "Letter Regarding the Proposal for Changxin Technology Group Co., Ltd. to Repurchase Company Shares." Mr. Zhu Yiming 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 Shanghai Stock Exchange stock trading system by way of centralized bidding trading. The total amount of repurchase funds shall be no less than RMB 1 billion (inclusive) and no more than RMB 2 billion (inclusive).