Jingce Electronics: Controlling Shareholder Proposes Share Buyback of 100 Million to 200 Million Yuan

36Kr learned from an announcement by Jingce Electronics that the company has received a proposal from its controlling shareholder, actual controller, chairman and general manager Peng Qian to repurchase the company's A-shares through centralized bidding using its own or self-raised funds. The total buyback amount would be no less than 100 million yuan and no more than 200 million yuan, with the repurchased shares to be used for equity incentives, employee stock ownership plans, or reducing registered capital.