Zhitong Finance App News, Fudan Microelectronics (688385.SH) issued an announcement. On November 12, 2026, the board of directors of the company 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. Mr. Zhang Wei proposed that the company use its own capital and/or self-financing to repurchase the company's issued RMB common shares (A shares) and foreign-listed foreign shares (H shares). The total repurchase capital shall not be less than 50 million yuan (inclusive), and not more than 100 million yuan (inclusive).

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