According to Zhitong Finance App, Tianfu Communications (300394.SZ) issued an announcement. On October 15, 2026, the company received the “Letter Proposing Suzhou Tianfu Renhe Investment Management Co., Ltd.” (hereinafter referred to as “Tianfu Renhe”), the controlling shareholder of the company. Tianfu Renhe proposed that the company use its own or self-raised funds to repurchase some RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shenzhen Stock Exchange trading system. The total capital for the repurchase of shares is not less than RMB 100 million (inclusive), and not more than RMB 150 million (inclusive).

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