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Lanjet Intelligence (688557.SH): Actual Controller and Chairman Wu Yaohua Proposes Company Share Repurchase
Gelonghui March 20 | Lanjian Intelligence (688557.SH) announced that on March 20, 2026, the company’s board of directors received a letter from Mr. Wu Yaohua, the company’s controlling shareholder, actual controller, and chairman, proposing to repurchase shares of Lanjian Intelligence Technology Co., Ltd. The proposal suggests that the company use its own funds or self-raised funds (including dedicated stock repurchase loans) to repurchase some of its outstanding A-shares through the Shanghai Stock Exchange trading system via centralized bidding. The repurchased shares may be used for employee stock ownership plans or equity incentives at an appropriate time in the future. The total amount of funds for the repurchase will not be less than RMB 20 million and not more than RMB 40 million.