Guangli Micro: Actual controller Zheng Yongjun proposes share repurchase of RMB 50 million-100 million.
Guangli Microelectronics announced that Zheng Yongjun, the company's actual controller, chairman, and general manager, on November 4, 2026, proposed that the company use its own funds and/or self-raised funds to repurchase part of the company's issued RMB ordinary shares through centralized bidding transactions. The total repurchase amount shall be no less than RMB 50 million and no more than RMB 100 million, and the repurchase price shall not exceed 150% of the average trading price of the company's shares over the 30 trading days prior to the board of directors' resolution approving the repurchase plan. The repurchased shares will be used for equity incentives or employee stock ownership plans.
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