Zhitong Finance App News, Meihu Co., Ltd. (603319.SH) issued an announcement. Mr. Xu Zhongqiu, the controlling shareholder, actual controller and chairman of the company, proposed that the company use its own funds or self-raised funds to repurchase some of the company's issued RMB common shares (A shares) through the Shanghai Stock Exchange trading system. After the repurchase is completed, the repurchase of shares will be used to reduce the company's registered capital. The total repurchase capital will not be less than 30 million yuan (inclusive), and no more than 50 million yuan (inclusive).

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