The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, Shenghong Technology (02476) changed positions on October 21, with a total transfer market value of HK$646 million, accounting for 3.74%. The company's shareholders transferred 1,444,800 shares to Citibank and 1,304,600 shares from Standard Chartered Bank (Hong Kong).

Shenghong Technology announced that Mr. Chen Tao, the actual controller and chairman of the company, proposed that the company buy back some of the RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shenzhen Stock Exchange trading system, and use them for equity incentives or employee stock ownership plans at an appropriate time in the future. The total capital of this repurchase is not less than 150 million yuan and no more than 300 million yuan (all capital included).

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