Zhitong Finance App News, Wen's Co., Ltd. (300498.SZ) issued an announcement. On October 15, 2026, the company received the “Letter on Proposal to Repurchase the Company's Shares” from Mr. Wen Zhifen, one of the actual controllers and chairman of the company. Mr. Wen Zhifen proposed that the company use its own funds or self-raised funds to repurchase part of the RMB common stock (A share) shares already issued by the company through centralized bidding transactions through the Shenzhen Stock Exchange trading system. The total capital of the repurchased shares is not less than RMB 50 million (inclusive) and not more than RMB 50 million (inclusive) 100 million yuan (inclusive).

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