Yan Hua, controlling shareholder, actual controller, chairman and general manager of Farben Information, has proposed a share buyback by the company, with a total amount of no less than 30 million yuan and no more than 60 million yuan. The buyback price cap is set at 150% of the average trading price of the company's shares over the thirty trading days prior to the board's approval of the buyback plan. The repurchased shares will be used to safeguard company value and shareholder interests, with a buyback period of three months from the date of board approval. Funding will come from the company's own funds and/or self-raised funds. Yan Hua has committed to no plans to increase or decrease his shareholding during the buyback period and will vote in favor at the board meeting. The company's share price has fallen 34.42% year-to-date, closing at 13.89 yuan on July 27. The 2025 annual report shows revenue of 5.11 billion yuan, up 18.3% year-on-year, but net profit attributable to the parent company was 104 million yuan, down 20.3% year-on-year. The first quarter 2026 report shows total revenue of 1.398 billion yuan, up 29.64% year-on-year, with net profit attributable to the parent company of 22.4758 million yuan, down 18.28% year-on-year.
Shenzhen Farben Information Technology Co.Ltd.Controlling shareholder proposes share buyback of at least 30 million yuan, signaling confidence and supporting share price.