[Diao Micro: The actual controller proposes to repurchase the company's shares for 50 million to 100 million yuan and cancel them] On October 27, Diao Micro (688381.SH) announced that the company's controlling shareholder, actual controller, and chairman Ju Jianhong proposed that the company use excess raised funds to repurchase some of the company's issued A shares through centralized bidding transactions. The total repurchase funds will not be less than 50 million yuan and not exceed 100 million yuan. The repurchased shares will be canceled and the registered capital will be reduced in accordance with the law. 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, and the repurchase period shall be within 12 months from the date of review and approval by the shareholders' meeting.