[Mengage Technology: Independent directors propose to repurchase A shares worth 300 million to 500 million yuan] On October 18, Montage Technology (688008.SH) announced that the company’s independent director Cheng Yuhua proposed that the company use its own funds to repurchase A shares through centralized bidding transactions. The total repurchase funds should not be less than 300 million yuan and not exceed 500 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives. The proposer, Cheng Yuhua, did not buy or sell the company's shares within six months before the proposal, nor did he hold the company's shares, and had no plans to increase or decrease his holdings during the repurchase period.