Lanqi Technology: Independent Directors Propose Share Repurchase of 300 Million to 500 Million Yuan in A-Share Stock

36Kr learned that Lanqi Technology announced that independent director Cheng Yuhua proposed that the company use its own funds to repurchase A-share stock via centralized bidding trading, with a total repurchase amount of no less than 300 million yuan and no more than 500 million yuan. The repurchased shares will be used for an employee share ownership plan or equity incentives. Proposer Cheng Yuhua did not buy or sell the company's shares in the six months prior to the proposal and does not hold any company stock; there are no plans to increase or decrease holdings during the repurchase period.