[Tianfu Communications: Plans to repurchase shares of 100 million to 150 million yuan for cancellation] On October 23, Tianfu Communications (300394.SZ) announced that the company’s board of directors reviewed and approved the repurchase plan and planned to use its own funds to repurchase shares through centralized bidding. The total repurchase funds will not be less than 100 million yuan and not exceed 150 million yuan, and the repurchase price will not exceed 350 yuan/share. All repurchased shares will be canceled and the registered capital will be reduced, and the implementation period will be within 6 months after review and approval by the shareholders' meeting. The proposal still needs to be submitted to the shareholders' meeting for review.