Changxin Technology (688825.SH) Chairman proposes increasing the buyback amount to RMB 2.5 billion to RMB 5 billion.

Zhitong Finance APP News, Changxin Technology (688825.SH) issued an announcement. Recently, the company received a proposal from Chairman Mr. Zhu Yiming. Based on confidence in the company's future sustainable development and high recognition of the company's value, in order to safeguard the interests of the broad investors, enhance investors' investment confidence in the company, and at the same time promote the company's stable and healthy development, effectively promoting the close integration of the interests of all shareholders, the company's interests, and employees' interests, it is proposed to increase the repurchase amount from "not less than RMB 1 billion (inclusive), and not more than RMB 2 billion (inclusive)" to "not less than RMB 2.5 billion (inclusive), and not more than RMB 5 billion (inclusive)".