[Jingwang Electronics: Chairman proposes to repurchase 50 million to 100 million yuan of shares] On October 16th, Jingwang Electronics (603228.SH) announced that the company's chairman Liu Shaobai proposed that the company repurchase some A shares through centralized bidding transactions. The total repurchase funds shall not be less than 50 million yuan and not exceed 100 million yuan. The repurchased shares will be used for equity incentives and/or employee stock ownership plans. The repurchase period is within 12 months from the date the board of directors considers and approves the repurchase plan, and the repurchase price shall not be higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors passes the repurchase resolution. Liu Shaobai and his persons acting in concert did not buy or sell the company's shares in the six months before the proposal.