Zhitong Finance App News, Shanghai Fudan (01385) issued an announcement. The board of directors received a “Proposal Letter on Repurchase Some Shares of Shanghai Fudan Microelectronics Group Co., Ltd.” from Mr. Zhang Wei, Chairman and General Manager of the company on November 12, 2026. Mr. Zhang Wei proposed that the company use its own capital and/or self-financing to buy back the company's issued RMB common shares (A shares) and foreign-listed foreign shares (H shares) shares. Total capital to repurchase A-shares: The total amount of capital to repurchase A-shares is not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive); Total capital to repurchase H-shares is not less than HK$100 million (inclusive) and not more than HK$200 million (inclusive).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.