[Qiangyi Shares: Controlling shareholder proposes to repurchase shares worth 50 million to 100 million yuan] On October 27, Qiangyi Shares (688809.SH) announced that the company’s controlling shareholder, actual controller, and chairman Zhou Ming proposed that the company use its own funds or self-raised funds to repurchase some of the company’s issued A shares through centralized bidding transactions. The total repurchase funds shall not be less than 50 million yuan and not more than 100 million yuan. The repurchased shares are intended to be used for employee stock ownership plans or equity incentives. 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 considers and approves the repurchase plan, and the repurchase period is within 12 months from the date of the board of directors' approval. Zhou Ming did not buy or sell the company's shares in the six months before the proposal, and had no plans to reduce his holdings during the repurchase period.