[Xinyisheng: Controlling shareholder proposes to repurchase shares of 800 million to 1 billion yuan] On October 15, Xinyisheng (300502.SZ) announced that the company received a proposal from its controlling shareholder, actual controller, and chairman Gao Guangrong to repurchase the company's A shares through centralized bidding with its own or self-raised funds. The total repurchase funds will not be less than 800 million yuan and not more than 1 billion yuan. The repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase price shall not be higher than 150% of the average stock trading price in the 30 trading days before the board of directors considers and approves the repurchase plan, and the repurchase period is within 12 months from the date of the board of directors' approval.