[Changxin Technology: Chairman proposes to repurchase shares of 1 billion to 2 billion yuan] On October 16, Changxin Technology (688825.SH) announced that the company's board of directors received a proposal from Chairman Zhu Yiming on October 16, 2026, and planned to use its own or self-raised funds to repurchase the company's A shares through centralized bidding through the Shanghai Stock Exchange trading system. The total amount of repurchase funds shall not be less than 1 billion yuan and shall not exceed 2 billion yuan. The repurchase shares are intended to be used for employee equity incentives, employee stock ownership plans or to reduce registered capital. The repurchase price shall not be higher than 150% of the average stock trading price in the 30 trading days before the plan is reviewed and approved by the board of directors. The implementation period is within 12 months from the date of review and approval by the board of directors or shareholders' meeting. Zhu Yiming had not bought or sold the company's shares in the six months before the proposal and promised to vote in favor of the repurchase proposal at the board meeting.