According to Zhitong Finance App News, Fenglong Co., Ltd. (002931.SZ) issued an announcement. On July 21, 2026, the company received a “Letter from Shenzhen YoubiXuan Technology Co., Ltd.” (hereinafter referred to as the “Proposer” or “Preferred Choice”), the controlling shareholder of the company. The total repurchase capital was not less than RMB 30 million (inclusive) and not more than RMB 60 million (inclusive).

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