Chairman of Chunqiu Electronics (603890.SH) proposed 40 million yuan to 80 million yuan to repurchase the company's shares

Zhitong Finance App News, Chunqiu Electronics (603890.SH) issued an announcement. Based on confidence and value recognition of the company's future development prospects, safeguarding the company's value and the rights of all shareholders, and enhancing market confidence, the company's chairman proposed that the company buy back some of the company's shares through centralized bidding transactions. The repurchased shares will be used for equity incentives/employee stock ownership plans. The total capital for the repurchase of shares is not less than RMB 40 million (inclusive), and no more than RMB 80 million (inclusive).