Lianjian Technology Chairman Zhou Jianfeng has proposed that the company use its own idle operating funds to repurchase listed A-shares through centralized bidding on the Shenzhen Stock Exchange, with a total buyback amount of no less than 10 million yuan and no more than 20 million yuan. All repurchased shares are planned to be cancelled, reducing the company's registered capital. Recently, the overall A-share market has experienced a significant phased correction, and the company's stock price has pulled back rapidly in the short term, triggering the exchange's buyback conditions for maintaining company value and shareholder equity. Management swiftly launched the buyback plan within the compliance window, reflecting full recognition of the company's core business fundamentals and growth potential. Market analysts note that the positive signal from the chairman's proactive buyback proposal has a market guidance value far exceeding the scale of the buyback funds themselves. In recent years, the company has been steadily reducing the revenue share of its traditional construction engineering testing business, concentrating resources on three high-growth sectors: new energy vehicles, life science consumer goods, and advanced industrial manufacturing. Future business growth will gradually be driven by these emerging segments.
Changzhou Architectural Research Institute Group Co. Ltd. AChairman proposes share buyback with cancellation, signaling confidence and supporting stock price.