Youxun Co., Ltd. (688807.SH) Chairman proposes to repurchase company shares for RMB 100 million to RMB 200 million.

Zhitong Finance APP News, Youxun Co., Ltd. (688807.SH) issued an announcement that the company's board of directors received a letter on October 19, 2026 from Mr. Ke Binglin, one of the company's actual controllers and the chairman, titled "Letter Regarding the Proposal for Xiamen Youxun Chip Co., Ltd. to Repurchase Company Shares." Mr. Ke Binglin proposed that the company use its own funds or self-raised funds to repurchase part of the company's already issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system by way of centralized bidding. The total amount of funds for the share repurchase shall be no less than RMB 100 million (inclusive) and no more than RMB 200 million (inclusive). The repurchased shares will all be used for employee stock ownership plans or equity incentives at appropriate times in the future.