One of the actual controllers of Maxscend Microelectronics (300782.SZ), Xu Zhihan, proposed a share repurchase of the company's shares for an amount between RMB 50 million and RMB 100 million.

Zhitong Finance APP News, Maxscend (300782.SZ) announced that on October 15, 2026, the company received a letter titled "Proposal Regarding the Repurchase of Company Shares of Jiangsu Maxscend Microelectronics Co., Ltd." from Mr. Xu Zhihan, one of the company's actual controllers, chairman, and general manager. Mr. Xu Zhihan proposed that the company use its own funds or self-raised funds to repurchase part of its already-issued RMB ordinary shares (A shares) through the Shenzhen Stock Exchange trading system by way of centralized bidding, with the total amount of funds for the share repurchase not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive).