Zhu Yiming, chairman of Changxin Technology (688825.SH), proposed to buy back the company's shares for 1 billion yuan to 2 billion yuan

Zhitong Finance App News, Changxin Technology (688825.SH) issued an announcement. The board of directors of the company received a “Letter on Proposing Changxin Technology Group Co., Ltd. to repurchase the company's shares” from Mr. Zhu Yiming, Chairman of the Company on October 16, 2026. Mr. Zhu Yiming proposed that the company use its own or self-raised funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions through the Shanghai Stock Exchange stock trading system. The total amount of the repurchase capital is not less than RMB 1 billion (inclusive), and not more than RMB 2 billion (inclusive).