Keger Precision announced that on October 20, 2026, the company received a letter from the controlling shareholder, actual controller and chairman Qiu Guoliang proposing to repurchase the company's shares using the overraised capital obtained from the initial public offering of common shares to repurchase shares through centralized bidding. The repurchase amount is not less than RMB 15 million and no more than RMB 30 million. The price is not higher than 150% of the average trading price of the company's stock over the 30 trading days before the board of directors passed the buyback plan resolution for equity incentives or employee stock ownership plans. The proposal still requires the company to study and formulate a plan and carry out approval procedures.

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