Changchuan Technology: Plans to repurchase company shares for RMB 50 million100 million.

Changchuan Technology announced that the company approved a share repurchase plan on October 26, 2026, proposing to repurchase company shares through centralized bidding using its own funds or self-raised funds, with a total capital amount of no less than RMB 50 million and no more than RMB 100 million, a repurchase price of no more than RMB 250 per share, and a term of within 12 months from the date the plan was approved by the board of directors. The repurchased shares are intended to be used for equity incentives or employee stock ownership plans.