[Geke Micro: The actual controller proposes to repurchase shares of 150 million to 300 million yuan] On October 18, Geke Micro (688728.SH) announced that the company’s board of directors received a proposal from the actual controller, chairman, and CEO Zhao Lixin. It is planned to use its own funds to repurchase the company's A shares through centralized bidding transactions. The total repurchase funds shall not be less than 150 million yuan and shall not exceed 300 million yuan. 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' resolution. The repurchased shares are intended to be used for employee stock ownership or equity incentive plans, and to safeguard company value and shareholder rights.