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On October 16, 2026, Changxin Technology disclosed that its board of directors had received a share repurchase proposal from Chairman Zhu Yiming on the same day. The company is set to execute the share repurchase via centralized bidding transactions, with a planned total investment ranging from RMB 1 billion to RMB 2 billion. The maximum repurchase price will be set at 150% of the average trading price of the company's shares over the 30 trading days preceding the board's endorsement of the repurchase scheme. The repurchased shares are earmarked for employee equity incentive programs, employee stock ownership plans, or to decrease the company's registered capital. These initiatives will still require thorough review and approval from either the board of directors or the shareholders' meeting.
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