Zhitong Finance App News, Jingwang Electronics (03228.HK) announced that based on confidence in the company's future continuous development and recognition of the company's value, in order to enhance investor confidence, protect the interests of investors, and further establish and improve the company's long-term incentive mechanism, fully motivate employees, and combine the company's current business situation, business development prospects, financial situation and future capital use plans, the company's chairman Mr. Liu Shaobai proposed that the company buy back some of the company's shares through centralized bidding transactions. The repurchase amount is not less than 50 million yuan and not more than 100 million yuan. The repurchased shares will be used for equity incentives and/or employee stock ownership plans in due course in the future.

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