Zhitong Finance App News, Xingsen Technology (002436.SZ) issued an announcement. Qiu Xingya, the controlling shareholder, actual controller, chairman and general manager of the company, proposed that the company use self-financing or other legal funds to buy back some of the company's shares through centralized bidding transactions to use equity incentives or employee stock ownership plans to establish the company's long-term incentive and restraint mechanism to ensure the company's stability, health and sustainable development. The total capital for repurchasing shares is not less than 400 million yuan (inclusive) and no more than 500 million yuan (inclusive).

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