The Chairman of Shanghai Yizhong (688091.SH) proposed to repurchase company shares totaling 30-50 million RMB.

Zhito Financial News APP News, Shanghai Yi Zhong (688091.SH) announced that the company's actual controller and chairman Zhou Jinsong proposed that the company repurchase its own shares through the Shanghai Stock Exchange trading system through centralized bidding trading methods with its own funds. The shares to be repurchased will be sold through centralized auction trading method 12 months after the announcement of the repurchase results and changes in shareholding. The total amount of funds for repurchasing shares is not less than RMB 30 million (inclusive) and not more than RMB 50 million (inclusive).