On October 27, 2026, Uxun Co., Ltd. (688807) convened a board meeting, during which a share repurchase initiative received the green light. The company has outlined a plan to utilize its proprietary capital or funds raised independently to execute the repurchase via centralized bidding transactions. The total investment earmarked for this endeavor ranges from a minimum of 100 million yuan to a maximum of 200 million yuan, with the repurchase price capped at 465 yuan per share. The shares acquired through this process are earmarked for employee stock ownership schemes or equity incentive programs. Should there be any remaining shares not fully utilized within three years from the announcement date, they will be subject to cancellation.
