Changxin Technology said it plans to repurchase its shares through centralized bidding, with a total buyback size of 1 billion yuan to 2 billion yuan. The company set the repurchase price at no more than 72.69 yuan per share and said the funds will come from its own capital or self-raised financing.
The company also disclosed its earnings for the first three quarters of 2026. Net profit reached 132.04 billion yuan, compared with a loss in the same period a year earlier. The latest filing shows the company returned to profitability while moving ahead with the proposed share repurchase.
The update was reported by ChainCatcher and categorized under market analysis.
According to ChainCatcher, Changxin Technology said in an announcement that it plans to repurchase its shares through centralized bidding. The buyback amount is set at 1 billion yuan to 2 billion yuan, with the repurchase price capped at 72.69 yuan per share. The company said the funds will come from its own capital or self-raised funds.
The company also said it posted net profit of 132.04 billion yuan in the first three quarters of 2026, compared with a loss in the same period last year, returning to profitability.
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