Shengyi Technology (600183.SH) Chairman proposes repurchasing 200 million to 300 million yuan of the company's shares.

date
18/10/2026
Zhitong Finance APP News, Shengyi Technology (600183.SH) issued an announcement that on October 16, 2026, the company received a letter from Mr. Chen Renxi, Chairman of the company, titled "Letter Regarding the Proposal for Guangdong Shengyi Technology Co., Ltd. to Repurchase Company Shares." Mr. Chen Renxi proposed that the company use its own funds or self-raised funds to repurchase part of the company's shares through centralized bidding transactions. Total funds for the share repurchase: RMB 200 million (inclusive) to RMB 300 million (inclusive). The repurchased shares are intended to be used for an employee stock ownership plan or equity incentive.