Zhitong Finance App News, Legal Information (300925.SZ) issued an announcement. The company recently received a “Letter on Proposal to Repurchase the Company's Shares” from Mr. Yan Hua, the controlling shareholder, actual controller, chairman and general manager of the company. The proponent, Mr. Yan Hua, proposed to the company's board of directors that the company use its own capital and/or self-raised capital to repurchase part of the company's shares through centralized bidding, which is necessary to maintain the company's value and shareholders' rights. The total capital for this share repurchase is not less than RMB 30 million (inclusive) and not more than RMB 60 million (inclusive).

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