Yongsi Electronics announced that the 36th meeting of the 3rd board of directors deliberated and passed two proposals. First, it was agreed to use centralized bidding transactions to repurchase shares at a price of no more than 124.10 yuan/share, with an amount of 1-150 million yuan, for employee shareholding or equity incentives; second, due to the “Ningbo Silicon Transfer” share transfer, incentive plan share ownership, etc., the total share capital of the company increased from 410,490,491 shares to 453,223,890 shares, and the registered capital was changed accordingly. It is proposed to amend the “Articles of Association” and apply for changes in business registration.

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