Lianxun Instruments: Controlling Shareholder Proposes Share Buyback with Total Funding Between 100 Million and 150 Million Yuan

36Kr reports that Lianxun Instruments announced the company received a letter on November 5, 2026, from Mr. Hu Haiyang, the controlling shareholder, actual controller, and chairman, proposing that the company repurchase part of its issued RMB ordinary shares (A-shares) via centralized bidding on the Shanghai Stock Exchange using self-raised or own funds. The total amount for the buyback will not be less than 100 million yuan (inclusive) and not more than 150 million yuan (inclusive). The repurchased shares will be used for an employee stock ownership plan or equity incentives. To alleviate funding pressure, the company plans to apply for a dedicated share buyback loan from relevant financial institutions; the combined actual loan amount and self-raised funds used for the buyback will not exceed the upper limit of the proposed buyback amount. The specific details of the buyback are subject to approval by the company's board of directors.