[Hongxin Electronics: Chairman proposes to repurchase shares of 200 million to 400 million yuan] On November 1, Hongxin Electronics (300657.SZ) announced that the company’s chairman Li Qiang proposed that the company repurchase some A shares through centralized bidding transactions. The total repurchase funds shall not be less than 200 million yuan and not exceed 400 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives. The upper limit of 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 resolution, and the repurchase period is within 12 months from the date of the board of directors' consideration and approval.