GalaxyCore: Actual controller proposes share repurchase of RMB 150 million to RMB 300 million.

GalaxyCore announced that the company's board of directors received a proposal from Zhao Lixin, the actual controller, chairman, and chief executive officer, to repurchase the company's A-shares through centralized bidding transactions using self-owned funds, with the total repurchase amount not less than RMB 150 million and not more than RMB 300 million, and the repurchase price not higher than 150% of the average stock trading price over the 30 trading days prior to the board resolution. The repurchased shares are intended for employee stock ownership or equity incentive plans, and to safeguard the company's value and shareholders' rights and interests.