Zhitong Finance App News, Genesis (300083.SZ) issued an announcement. On October 31, 2026, the company received a “Letter on Proposing Guangdong Genesis Intelligent Equipment Group Co., Ltd. to repurchase the company's shares” from the actual controller, chairman and general manager. Mr. Xia Jun proposed that the company use its own capital and self-financing 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 repurchase capital is not less than RMB 100 million, not more than RMB 200 million (all inclusive).

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