Changguang Huaxin announced that on November 5, 2026, the board of directors of the company received a “Letter on Proposing Suzhou Changguang Huaxin Optoelectronics Technology Co., Ltd. to repurchase the company's shares” from Chairman Min Dayong. Mr. Min Dayong proposed that the company use its own funds or self-raised funds to repurchase some of the company's issued RMB common shares through centralized bidding transactions. The total capital for the repurchase of shares is not less than RMB 30 million, not more than RMB 60 million. The repurchase price is not higher than 150% of the average trading price of the company's shares in the 30 trading days before the board of directors passed the share repurchase resolution. The repurchase period is 12 months from the date the board of directors deliberates and approves the share repurchase plan.

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